TOMO ANALYSIS (UPTREND HOLD IS CRITICAL)
TOMO ANALYSIS:
TOMO is currently retracing back down to 50 & 100MA crossover. The 50MA has broken below the 100MA, but this tends to not be a major worry as the trend and 100MA are holding up for the time being. Given this spot holds, look for re-attempt to break up at T1 of 5990 sats, T2 at 6490 sats, and lastly the final target (if break out of highs is granted) 3 at 7460 sats. This analysis is positioned and made to play out only if the yellow entry box holds. Currently, TOMO is sitting on a strong daily red wick. It is recommended we wit until this closes and can confirm a daily upward wick. That said, a close above 5500 sats is a good sign. Look to enter and take profit accordingly!
Possible Entries: 5500-5550 sats
TOMO is currently retracing back down to 50 & 100MA crossover. The 50MA has broken below the 100MA, but this tends to not be a major worry as the trend and 100MA are holding up for the time being. Given this spot holds, look for re-attempt to break up at T1 of 5990 sats, T2 at 6490 sats, and lastly the final target (if break out of highs is granted) 3 at 7460 sats. This analysis is positioned and made to play out only if the yellow entry box holds. Currently, TOMO is sitting on a strong daily red wick. It is recommended we wit until this closes and can confirm a daily upward wick. That said, a close above 5500 sats is a good sign. Look to enter and take profit accordingly!
Possible Entries: 5500-5550 sats
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