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TomoChain / USD Tether

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TOMOUSDT trade ideas

TomoChain | TOMOThe price of TomoChain is $0.94 today with a 24hour trading volume of 14 million dollar this represents a 10% price increase in the last 24 hours and a 21% price increase in the past 7 days now lets have a closer look at TOMO, Tomochain is a general purpose smart contract platform. It enables developers to build high-performance decentralized applications with the focus of speed, privacy, ease of use, and decentralization. Due to its efficiency through PosV consensus algorithm, transaction fees are relatively low and confirmation time are much faster as you see TOMO hold the uptrend and plays between those two lines,EMA and RSI are bullish. it can break 0.97 and hit the 1 dollar or do a correction and back to a 0.89
TLong
by moonypto
4
TOMO/USDT 4HInterval Chart ReviewHello everyone, I invite you to review the TOMO chart in the pair to USDT, as before on the four-hour interval. First, we will use the yellow line to identify a strong upward trend line, which, as we can see, the price has broken with a dynamic downward movement. At this point, however, it is worth adding a second line, thus defining the upward trend channel, in which, when we determine the height of the channel, we can see that the price drop is very close to the height of the channel itself. Going further, we can move on to marking support areas when we start a larger correction. For this purpose, we will use the Fib Retracement tool, based on the recent upward movement, we can see that the price has returned to a very strong support at the level of $1.15, which is trying to maintain the price, while we still have support at the level of $0.95. Looking the other way, we see that the price has a significant resistance zone on its upward path from $1.28 to $1.40, only later it will be able to move towards the very strong resistance at $1.73. Please look at the CHOP index, which indicates that most of the energy has been used, the RSI indicator has rebounded from the lower limit, but it is worth being careful whether it is a false break, because the STOCH indicator shows that there is still room for the price to go lower.
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by cryptodailyuk
TOMO serving a Coffee Lungo CupBINANCE:TOMOUSDT Dear Listeners, Readers and Grey haired on their 30's, welcome to my first TV page. I've been on a regular TV but it's time to move on, right? You will see these posts as Andrii Vision's, but sometimes I think my second name should be Groening. IYKYK. So, let's go to the topic. Shortly: OMXSTO:TOMO : $0,9 BUY, $2,9 SELL Ok, the signal lovers has already got for what they've been looking for, now more details for the deeper audience that I'm eager to gather here (If you know such people, just subscribe, comment, share your thoughts, let's create the better future together) I really appreciate when the projects think long terms, use philosophy and heading to the guiding light that is creating the better world. And from what I can see and read, TOMO is the one. Besides the Blockchain, they've JUST (21st Aug) started TOMO Foundation, where you can read all the vision they have and the reasons of it. As well as they've began an ambassador's program, so they'll be shilled hard in the coming months. As all of their tokens are already distributed (apart of those that are distributing as the block rewards to the miners) and the project started its path on 2018, their technicals are kind of repeating their vision's mechanics and forming a very long going structures. As of now, I see such a huge Cup, that its handle take 4 months to be fully sculpted. Zones of entering: - Now (If the handle is actually the ascending triangle, not a flag) - At $1-0,9 zone, if there will be a change to buy in All of above, Foundation, Ambassador program, their activity on web just adds confidence into my words. Share your opinions here, would love to see your takes or some more info about the project, too. Or, if you want me to become your ambassador, dear TOMO TEAMO, you know where to find me :)
TLong
by A_I_Vision
14
TOMO"The asset was under strong pressure from short participants and reached a value of $0.49255, where buyers began to show their activity, and the price gradually started to rise. Subsequently, the coin began to form the 'Cup and Handle' chart pattern, indicating the presence of strong buyers. The final confirmation of this pattern occurs when the asset breaks through the resistance level from which its formation began, as we can observe on the chart. On a global scale, the coin is experiencing a full trend reversal to the upside, as indicated by the aforementioned pattern, as well as the 'Golden Cross EMA,' which confirms a bullish sentiment in the asset. It is also significant that trading volumes are increasing, symbolizing the interest of long participants. It is likely that we will see the price consolidate above the $0.63988 resistance level with further subsequent growth.
TShort
by Bybitkiller
TOMOUSDT Key Demand Zone & Bullish Potential🌟In the realm of TOMOUSDT, an intriguing dynamic unfolds. The key demand zone, a battleground for bulls and bears, has demonstrated remarkable resilience. Multiple tests have confirmed its significance, turning back price declines time and again, notably in recent price action. 🌟Furthermore, a notable development is the breach of the previous downtrend trendline, which has now taken on a new role as a robust support trendline. This shift is an important indicator of the evolving sentiment in favor of the bulls. 🌟The existing strength in the demand zone, combined with the support trendline's newfound significance, enhances the likelihood of a continued upward trajectory for TomoChain. 🌟In terms of price projections, our analysis suggests a potential growth of approximately 12%. This envisages a surge towards the psychological price level of $2.00. 🌟Notably, this corresponds with the 141.4% Fibonacci resistance level, which stands as a formidable target in the path of the ascending price. 🌟As we've done with all our analysis, a detailed trade setup has been thoughtfully prepared and is readily available in our dedicated channel. This comprehensive guide includes entry points, exit strategies, and potential stop-loss levels. 🌟In conclusion, the confluence of the intact demand zone, the sturdy support trendline, and the 141.4% Fibonacci resistance level fosters a robust case for a bullish outlook in TOMOUSDT.
TLong
by CryptoPAMM
TOMO │ SHORT (4H) │ 28.10.2023BINANCE:TOMOUSDT.P You should only consider opening a trade if the 4-hour candlestick closes near the level where the candle closed on October 27, 2023, at 20:00. Otherwise, I don't recommend it. Signals for level breakout bar/candles closure near the level; bar/candles closure near its high/low; close retest of the level; the instrument gradually approaches the level; accumulation of energy for level breakout; consolidation near the level; decrease in trading volumes before the level; there is a reserve of calculated ATR; Trade Parameters Open : 1.7805444; Stop loss : 1.7908224; Take profit : 1.7497104; 1.7394324; 1.7291544; Disclaimer Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration. Follow me and receive high-quality cryptocurrency market analysis!
TShort
by House_of_Trader
TOMO ANALYSIS (1D)The TOMO symbol has long been on an ascending orbit. It looks like it's going to move into the red range. Below the red range, we have a liquidity pool, which seems to collect this liquidity pool has it. You should be careful with this symbol because it has a small market cap and not a lot of trading volume. I also specified the invalidation level, closing a daily candle above this level will violate the analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
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by behdark
2
Tomo inverse head & shoulderFor my first technical analysis, I've chosen to delve into the Tomo/USDT. Head and Shoulders Pattern: The left shoulder, head, and right shoulder are distinctly marked, indicating a potential bullish reversal. Breakout Point: The neckline, which serves as the breakout point for this pattern, has not been breached yet. For confirmation, traders often look for a decisive break above the neckline with increased volume. Projected Target: Using the depth of the head (from the neckline to the lowest point of the head) as a measure, a potential target is projected upwards from the breakout point. The chart suggests a possible target of around $10. Support & Resistance: The price has experienced resistance around the $3.5 mark previously. It's key to see how the price moves around this area in upcoming trades. Volume: The volume bars suggest that buying interest has been relatively strong during the formation of the right shoulder. Higher volume during the breakout will further validate the bullish bias. RSI: Current Reading: The RSI currently sits around the 60 level, which is above the neutral point of 50, indicating a slightly bullish momentum. Overbought/Oversold: The RSI is not in an overbought or oversold, suggesting there's room for movement in either direction. MACD: The MACD line is above the signal line, providing a bullish signal. However, it's important to monitor for potential crossovers which may indicate a change in trend. Histogram bars are shrinking and approaching zero, which may suggest a decrease in bullish momentum or a potential consolidation period. MACD is above the zero line, further reinforcing the bullish bias. Conclusion: The chart presents a potential bullish reversal in the form of an inverse H&S pattern. Confirmation of this bullish bias will come from a decisive break above the neckline with increased volume. Additionally, both the RSI and MACD indicators support a bullish scenario. The chart looks like it's showing a bullish turn with that inverse H&S pattern. Confirmation of this bullish bias will come from a decisive break above the neckline with increased volume. Plus, the RSI and MACD indicators are hinting at the same bullish scenario. I'm not a financial advisor, and I cannot provide financial advice. The information I have provided is for informational purposes only and should not be taken as financial advice.
TLong
by Patt0n
TOMO/USDT looks good bullish ride? 👀 🚀 TOMO Today analysis💎 Paradisers, turn your attention to TOMOUSDT. We're observing a significant transition where what was once resistance is now serving as support, hinting at a heightened likelihood of a bullish trajectory. 💎 Recently, TOMO surged past the weekly resistance at 1.6775. Currently, it's retesting this level, which has transformed into a supportive base. This positions TOMO favorably for a potential ascent towards the next major supply zone. 💎 However, given the market's dynamics, if TOMO struggles to sustain its upward drive, it might seek bullish momentum starting from the 1.5768 mark. A descent below this point could usher in a bearish phase. Stay alert and strategize accordingly!
TLong
by MyCryptoParadise