Long
TOMO// Good Buying Opportunity
TOMO had me bleeding for a few days after the fake breakout; however, price has finally broken and closed above the previous ATH, and now is retesting the broken zone, now support.
I've already taken profits and plan to let the rest run as a risk free trade. Given the next 2 candles are bullish and show strong price rejection, I may allocate some more funds. This is not investment advice; always trade with a stop loss.
Reasons not to enter:
1. There isnt a confrimed area of support yet.
2. Still strong bearish momentum from the leg up.
3. Shit coin
Let me hear your thoughts.
I've already taken profits and plan to let the rest run as a risk free trade. Given the next 2 candles are bullish and show strong price rejection, I may allocate some more funds. This is not investment advice; always trade with a stop loss.
Reasons not to enter:
1. There isnt a confrimed area of support yet.
2. Still strong bearish momentum from the leg up.
3. Shit coin
Let me hear your thoughts.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.