This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
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█ Operation Information
TOMO has had a strong bullish momentum in the last few days now and the 4H trend is in play, I expect a downside breakout and maybe as soon as I touch the TPM move my SL to entry and progressively move my StopLoss in profit
█ Operation data
• Entry price: 0.5269
• StopLoss: 0.5379 (Loss 2.09%)
• TakeProfit Minimum: 0.5159 (Win...
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TOMO/USDT broke above the triangle pattern and moving upside we can take entry at CMP and place orders below if it comes down to retest at a range between $0.4830.
ENTRY : CMP AND ADD MORE TILL...
TOMO opens 1D chart we can see price is stopping falling. The reason is supported by the Fib(1.618) determined from the pivot point.
This is a good zone to buy and hold. it will be back to $0.6 very quickly
At the moment we are buying, the RSI is also showing bottom convergence - a sign of buying volume accumulation.
TOMOUSDT Technical Analysis Update
In the above chart, you can see the price multiple times touched the support zone, I'm expecting a bounce from the current support zone.
you can buy TOMO with a small stop loss
TOMOUSDT currently trading at $0.516
Buy zone: $0.51 - $0.52
Stop loss : $0.465
TP 1 : $0.548
TP 2 : $0.60
TP 3 : $0.655
Max leverage : 1x
Signal: Red -> Green
Structure: buy valid breakout of the neckline
Risk Reward: 2.5
TOMO, TOMOCHAIN, TOMOUSD , TOMOUSDT ,TOMOUSDTP, CRYPTO, CRYPTOCURRENCY
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
hello, dear traders welcome you to this TOMO/USDT 1hr chart analysis.
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