TomoChain (TOMOBTC) printed what I am calling a "fake breakdown", just like we saw with the Bitcoin chart that I recently shared... which changes everything...
A "fake" breakdown because prices quickly bounced after moving lower.
After such a strong drop, you would expect consolidation and additional bearish action, instead, we are seeing massive growth after...
Priceline of TomoChain / Bitcoin cryptocurrency is forming bullish Crab pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00004118 to 0.00003773
Sell between: 0.00004382 to...
TomoChain (TOMOBTC) is moving above multiple resistance levels on huge volume. This is a strong bullish signal that points to additional growth coming for this pair in the days ahead.
Looking at the volume indicator, we can see a huge green bar.
The immediate resistance being challenged right now is EMA300 (0.00004162). If this level can be broken, we can expect...
TOMO has an exponential rise all the way to retouch daily order block resistance. The volume had heavily spiked in a bullish wave. TOMO looks to be following a fake break down. A great potential buy is right at 100 MA inside the buy zone at 3800 sats. A front run buy in from 3800-3900 is a solid entry. Expect a bounce from this zone towards T1 at 4020 sats....
Looks like TOMOBTC is in process of forming a falling wedge pattern. If this is true, there is a chance it will move up to around 4243 and will continue forming the pattern to eventually breakout.
- Falling Wedge Breaking Out in 2Hrs Timeframe..
- Volume Is Decreasing & Indicators Turnig Bullish So Breakout Expected..
- Need Some Crispy Volume for Healthy Uptrend..
- Buy Some & hold till Given Targets But stop Loss is Must (Manage Your Risk As Well)
Please, give us your opinion in the comments!
If you like the idea, please, hit the...
Showing great volume levels a few days before testnet release..
Currently testing resistance at ~4500 sats w/ UCTS indicator buy signals on the 12H and 1D
If manages to flip it into support & keeps pushing up we may see great movement from this asset
Managing my stop losses, take profits and trades over 3commas platform for Binance has...