✴️ Telcoin 490% Potential Mapped, Full Analysis!
One of our followers asked for Telcoin just a few days ago but, will he find this trade idea?
Maybe... Here is the analysis as requested.
Telcoin (TELUSDT) hit bottom in September 2022 much earlier than other altcoins. The initial wave took place from this Sept. low until early December when a strong correction took place.
4 Red consecutive weeks... Correction time comes fast and strong, and as support was found, we are now seeing TELUSDT move weekly above EMA10/EMA21 and consolidating above these levels.
So we have a strong higher low in late December and the entire month of January as consolidation.
With the RSI above 50, all these signals lean bullish.
As usual we compare altcoin vs altcoin, market vs market, here we see TELUSDT below EMA50 and we are calling this "early" yet it has been growing for more than 4 months.
We can expect to see a jump on the next breakout to 0.003730 first, followed by 0.005250 easy.
The main target is always the Fib. golden ratio, in this case 0.006230.
The blue dashed lines and light blue space denotes support/stop-loss. We have a short-term support and a long-term one.
How you use this information is completely up to you, but I wish you the best of luck and great success.
I am wishing you abundance, wealth and happiness.
I am sending you my deepest gratitude for your support.
Be strong.
Stay safe.
Namaste.
Maybe... Here is the analysis as requested.
Telcoin (TELUSDT) hit bottom in September 2022 much earlier than other altcoins. The initial wave took place from this Sept. low until early December when a strong correction took place.
4 Red consecutive weeks... Correction time comes fast and strong, and as support was found, we are now seeing TELUSDT move weekly above EMA10/EMA21 and consolidating above these levels.
So we have a strong higher low in late December and the entire month of January as consolidation.
With the RSI above 50, all these signals lean bullish.
As usual we compare altcoin vs altcoin, market vs market, here we see TELUSDT below EMA50 and we are calling this "early" yet it has been growing for more than 4 months.
We can expect to see a jump on the next breakout to 0.003730 first, followed by 0.005250 easy.
The main target is always the Fib. golden ratio, in this case 0.006230.
The blue dashed lines and light blue space denotes support/stop-loss. We have a short-term support and a long-term one.
How you use this information is completely up to you, but I wish you the best of luck and great success.
I am wishing you abundance, wealth and happiness.
I am sending you my deepest gratitude for your support.
Be strong.
Stay safe.
Namaste.
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