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TEL

+1100% TEL Descending Wedge Breakout Within Next 2 Weeks?History KUCOIN:TELUSDT is 15 days away from pinching between the bottom and top resistance that formed on March 7, 2021, which occurred just two breakouts ago. The most recent breakout took 14 days to complete and resulted in a +1,077% gain. Potential If history repeats itself for a 3rd time in a row, we'd be looking at a +1,105% gain by October 10th, if TEL were to break out today. Supportive Observations Price action is within a descending wedge and has been knocking on the upper trendline, which is bullish. RSI is at 42, which is the level it's been at immediately prior to numerous other breakouts. The blue MACD line is curling up towards the signal line, and the red histogram bars are decreasing in volume, which is bullish. Volume has been descending below the MA. Waiting for a breakthrough and retest of the top trendline for support would be the safest time to secure a position. The Information contained in this idea is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice. You understand that you are using any and all Information available on or through this website at your own risk.
Long
by mattdim805
3
TEL prepping for a UptrendI've gone ahead & broken down the phases we've passed through, starting from the left we were in a nice Uptrend consolidation which led to a oversold situation that formed into a Inverted Head & Shoulders. Following the H&S we say a Bullish Elliott's Wave into a triple top in which we've been in the sell off-phase. As you see we are approaching the 200 EMA also the Oversold Indicator on the RSI chart. This why why I believe we will continue to see an uptrend play out as we move into Friday morning.
by Kyle_Kinnaird
Telcoin - TEL - If Telcoin touches 1 cent again...Telcoin - TEL - If Telcoin touches 1 cents again, I ain't saying nothing. last time it move from 1 cent to 1.5 cents for a 50% gain. We expect big price targets for TEL. How cheap can it get? Some are loading up on this like others loaded up on DOGE. This coin has a real world use case. Short term, you may want to double up/triple up an account. Long term, this is a HODL play. Technically speaking 100,000 coins at 1 cent will have a value of $100,000 if coin goes to $1 longterm. Mind blowing if price went to $10 (1 Million value) or $100 (10 Million value). This is the value in HODLing Crypto. This is why Billionaire are HOLDing crypto over the dollar. The dollar will not appreciate like this. Welcome to the future of value. It doesn't have to be this coin(you could be interested in BTC, ETH or XRP), but we have to ask ourselves some serious questions. Do we have the initial investment to set and forget? Will we have patience and HOLD for several months or years? For Edutainment purposes only.
Long
by PortfolioBuildersClub
1
TEL - Potential Bearish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. TEL is sitting around a strong demand zone in green so we will be looking for buy setups. Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? on H4: TEL is forming a channel in red but our upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, TEL would be overall bearish can still trade lower till around the 0.005 before going up. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
34