$TEL Update

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TEL at $0.004580 support area, moving with #Bitcoin, $0.004928 current resistance, $0.005192 key resistance area to exit and get back above $0.0050, been under $0.005192 resistance since March 29. On 1D time-frame showing potential for more price decline with declining volume and slight incline on MACD. Bearish engulfing forming on current 4H, and 1D with bullish pin bar but no follow up, high influence of BTC's movement here. $0.004505 next support area. $0.004265-$0.004165 support to watch for below $0.004505.

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