Short TOMO
Updated
Tomo has formed a strong bearish divergence on the 8hr time frame at the top of this resistance. The low volume here can’t sustain price at these levels. The .618 Fibonacci level lacks strength, so I’m expecting it to retest support.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
Note
Yes, the chart is 3 days old. 62% off that 5 percent dump. Easy money.
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