TOMOBTC (TomoChain) is moving decisively above EMA50 (0.00004394) on the daily timeframe.
This can easily lead to higher prices.
We have a descending channel that is breaking down.
We have a MACD that is moving above zero and a very strong RSI.
This altcoin pair can easily do more at this point so keep it in mind.
There are many good charts now starting to...
** A quick idea **
Disclaimer: Please do your own research I’ve no idea what this project is about.
A number oversold alt coin / bitcoin pairs are standing out at the moment, not all, but a few. This is one of them.
On the above 1-day chart price action has corrected 45% since late July. A ‘incredible buy’ signal just printed with a Stochastic RSI crossover...
💎 TOMOBTC has broken above the descending channel. So we expect that the price goes down once for a pullback before it goes up above the channel and reaches the TPs.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.00004350
☕️ TP1 0.00005200
🍺 TP2 0.00005450
🍻 TP3 0.00005750
$TOMOBTC looking very likely breaking the weekly downwards trending resistance line once breaks it $TOMO is gonna moon shot like $SOL the more times it tests it the more likely it breaks ..Accumulating $TOMO heavily below the 3$ level
Trying my chance here with TOMO ,
Crashed HARD yesterday due the BTC dump & now sitting on strong support zone.
Its on do or die level , targets are :
If we close below the green line on daily time frame I will cut the trade.