TOMO is looking bullish we have broke all bearish structure on the daily and weekly timeframe with a strong impulse to the upside, as we can see market is now starting to provide us with a correction, we are waiting for this daily correction to hit our confluence of support with the 0.618 fib and previous daily swing high, this will be our area of interest to drop...
As you can see, according to the chart above, this digital currency was introduced to buy on July 2, which has grown by more than 92%.
The currency is currently under a very strong static price ceiling that if it crosses the $ 3 level, the targets of the Fibochannel levels will be activated at 3.39, 3.71 and 4.56 trigger points.
The downside after activating the...
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of TOMO.
According to my technical analysis, TOMOchain will fall as it just broke major trendline support and we are waiting for a retest.
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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TOMO is one of the altcoins that showed great strength were other coins were struggling to move.
It gave us a good indicator that we ready for a new cycle.
TA: I am expecting a small correction after a nice upwards movement, which will give us a Cup & Handle pattern.
Buy-in zone: 2,25-2,50$
TP 1: 3$
TP 2: 3,40$
TP 3: 4$
TOMO/USDT has been one of the biggest gainers in the past few weeks during the crypto bear market
I believe the price is highly inflated, and is showing signs of breaking down
These indications are mostly influenced by the large dips BTC/USDT has made so i do expect to see TOMO/USDT test resistance again at roughly 2.77-2.80
If it breaks past this level, it will...
On the H4 chart we can see the price has been in consolidation within the blue box.
Price has recently rose above the consolidation levels.
It is still possible its a fake pump,
As the price is rising above the blue box i'll be going in a Long Position.
Target at Resistance above 2.99s
stay with the markets, lets see what happens