grindhousecapital

grindhousecapital

TOMO has entered a consolidation phase and is holding its price around the mid-6000's sats level well. It is currently trading below the 200 EMA line, and it appears to be within a wedge with a rising support trendline as its base. If it can manage to break out of this wedge and begin trading above the 200 day EMA, buy orders will likely begin coming in. Wait for...

grindhousecapital

After a nice rally up to the 11000 sats range, TOMO has reached a bottom, or so it seems, and is trading within the 6000 range. Due to the appearance of a bearish candle a few days ago, it appears we will likely go do back down to retest support at the rising trend line at some point. It has been holding its price well and moving up gradually; however, it did get...

grindhousecapital Updated 

After falling to the 6400 sats area after a nice rally up to the 13000 range, we see TOMO showing some bullish signs. I think a retrace up to the 10500 resistance level could happen over the next week to two weeks. The trend lines drawn show two possibilities: a quick ascent within a week or a longer run that would finish up later in the month. Thoughts? This is...