Telcoin (TEL): No Need to Panic!📊 Overview
Election Day Price: $0.00137
Local High: $0.0087 (550% rally in 25 days!)
Pullback: 30% retrace to $0.006—a healthy correction post-rally.
Key Levels: Back in the Accumulation Zone, and the daily low matches last week's low.
🧐 Should We Worry?
Absolutely not! These moves are normal market behavior after a parabolic rally. Fundamentals remain solid.
🎯 Targets:
Short-term: $0.009
Long-term cycle: $0.55
📈 Bitcoin Context:
BTC rallied 10% in 48 hours, crossing $100k before retracing to $93.7k.
This volatility impacts the altcoin market, but NYSE:TEL remains positioned for growth.
💡 Pro Tips:
Learn technical analysis for confidence during market volatility.
Rule of Thumb: 1 hour of learning per $100-1000 invested.
🙏 Final Thoughts:
NYSE:TEL is a great project with massive potential.
Stay focused: Research. Action. Patience.
Telcoin
TEL Symmetrical Triangle or Bull Flag ComparisonIs this a Symmetrical Triangle or Bull Flag?
Here is how we decide. The triangle is in white, the flag is in pink.
Symmetrical Triangle:
higher lows and lower highs, representing a period of consolidation and indecision.
The breakout direction typically depends on the preceding trend
Bull Flag:
A bull flag appears after a strong upward move (the “flagpole”) and consolidates downward in a parallel or slightly sloping trend.
It signifies a continuation pattern, with a breakout expected to align with the prior uptrend.
Analysis
The prior move has seen strong upward momentum (55%, 44%, 33%), which supports the idea of a bull flag if the triangle is sloping slightly downward.
However, if the triangle is symmetrical with equal pressure from buyers and sellers (not tilted), it’s likely a symmetrical triangle signaling indecision. I believe this is tilted upwards, signifying bullish. This is confirmed by the fact that net volume is $11 million above sell volume at time of writing.
If it’s breaking above the triangle now and aligns with my target of $0.009, the breakout could validate it as a bull flag continuation pattern.
2. Key Factors Supporting the Analysis:
Bounce off the 100-day Moving Average:
A bounce off a significant moving average like the 100-day MA is typically bullish, indicating that buyers stepped in at a key support level.
Breakout Above Triangle:
Early signs of breakout above the triangle suggest bullish momentum building up. If confirmed with volume, this supports the bull flag hypothesis.
Upcoming Catalyst (Public Hearing):
The public hearing for Telbank approval on December 5 could drive speculative buying, adding bullish momentum. There may be a small sell the news effect, but if the hearing is positive this won't last for long.
Short-Term Target ($0.009):
If this really is a bull flag, the measured move target can be estimated by the height of the flagpole (the previous upward move) added to the breakout point.
Risks to Watch:
False breakouts are common in symmetrical triangles. Watch volume closely to confirm the breakout.
If the price falls back below the 100-day MA, it could invalidate the bullish setup.
Summary:
Given the price action and catalyst, the pattern appears more like a bull flag continuation. Monitor the breakout level and volume for confirmation. If the pattern holds, the short-term target of $0.009 seems reasonable.
TELCOIN 3 Ascending Triangles PatternTelcoin has been following a very distinct pattern with it's ascending triangles.
NOV TELCOIN TRIANGLES
NOV 12 - 9 Day Build, 48 Hour Pump, 55%
Nov 23 - 3 Day Build, 24 Hour Pump, 44%
Nov 28 - 2 Day Build, 12 hour Pump, 33%
It leads me to believe that
BASED ON THIS PATTERN
The next triangle "Breakout to peak" will be under 14 hours long and will be about 22% return.
Short term breakout target for Telcoin is $0.0092.
Telcoin (TEL)Telcoin is the native medium of exchange, reserve asset and protocol token of the Telcoin user-owned, decentralized financial platform. Anyway, Telcoin technical analysis is straightforward; when the upward phase ended, a correction phase started which ended at 0.618 Fib retracement. Then TEL made an inverted Head and Shoulders pattern and just recently TEL broke the Head and Shoulders' neckline; that means reversal confirmed. Let's see how high TEL can go.
TELCOIN (TEL) Looks like it's going to drop another 28%. The TELCOIN charts seem to indicate that a drop to the 0.001101 level could be in the cards after just being rejected off a 4H FVG (Fair Value Gap) on the daily chart.
I believe this coin could have a bright future, and being able to buy it at or below the previous low would be a great buying opportunity for those looking to invest for the long term.
Good luck!
$TEL Update with support and resistanceNYSE:TEL Similar to #Bitcoin forming bearish engulfing on current 4H, closely following $BTC. Bullish engulfing on last 1D close but unlikely to follow up due to #Bitcoin 's influence. $0.001572-$0.001543 should hold as key support, Currently struggling to build support at $0.001670. Expect key support test If bearish engulfing on current 4H plays out. Next key areas for support $0.001509, $0.001460, $0.001429, $0.01399 & $0.001347. Resistance areas from here are $0.001776, $0.001830, $0.001971 & $0.002096. Continue watching given S/R areas!
Telcoin (TEL) Targets $0.005 to $0.008 by End of July
Fundamental Overview:
Telcoin is poised for a potential breakout driven by its solid fundamentals. With a fully functional app, regulatory wins, and a robust community, Telcoin has laid a strong foundation for growth. Recent insights from the CEO Paul Neuner suggest a major update is weeks away.
Technical Analysis:
Pattern Recognition: Currently forming a falling wedge pattern, a bullish indicator.
Fibonacci Levels: Price is at the 0.236 Fibonacci retracement level suggesting the retracement is over.
Historical Patterns: Following a similar price action seen during the 2021 bull market.
EMA Support: Price currently finding support below the 200-day Exponential Moving Average.
Chart Patterns: Showing a promising Three Drives pattern.
Long-Term Perspective: It's been 1145 days since its all-time high, down 96.19% with a gain of +2527.17% required to reach ATH.
Sentiment Analysis:
Community Metrics: Significant community growth with 97k followers on X, 18.6k Reddit subscribers, and 14.15k Telegram members.
Social Signals: Increasing Twitter and YouTube interactions and content creator activity.
Market Sentiment: Positive sentiment trend with growing social dominance.
TEL Community Posts
NightDefender2 “The later presence of incoming institutional involvement, would hugely eclipse the current price action estimates. That’s how massive the incoming institutions would affect Tel’s future and yours. Others would label this as hyping, rather I call this plainly, potential.”
CryptoCribz “ NYSE:TEL chart looks way healthier than 90% of the other tokens out there. Hodling up very strong as well.”
SilverBulletBTC “This is a real OG gem. Look at this beautiful setup retesting the 50 weeks moving average”
Additional Insights:
Telcoin app has garnered strong user ratings with 4.7 stars on Apple App Store and 4.6 stars on Google Play, reflecting over 100k downloads.
Recent updates and community growth underline increasing adoption and engagement.
Telcoin's resilience compared to Bitcoin's recent market performance highlights its potential strength.
Conclusion:
Telcoin shows compelling technical patterns and strong fundamental support heading into the bullish market phase. With increasing sentiment and robust community backing, Telcoin is positioned for a potential 100% increase by the end of July.
Disclaimer: This is not financial advice. Always do your own research before making any investment decisions.
TELCOIN is ahead of schedule, targeting $0.35 this cycleTELCOIN ahead of schedule. My 6 month old prediction of $0.23 USD is too low
It is closer to $0.35 now. The increase is based on
growing sentiment on X and more volume from new exchange listings. The CEO has shared new info today that the roll-out of their digital cash solution is around the corner.
$TEL UpdateNYSE:TEL Back to March '24 levels following #BTC drop, currently testing $0.002335 resistance, $0.002256 Key support in effect, next support areas $0.002208, $0.002157, $0.002096 (Key Support), 4H and 1D RSI in oversold region, current 1D following bearish engulfing from previous daily close, $0.002496 support needed to try and regain $0.002620.
TEL - A long term spot trade opportunity$BINANCE:TELUSDT (1W CHART) Technical Analysis Update
TEL is currently trading at $0.003958 and showing overall bullish sentiment. We are seeing the price breaking out from the resistance level and retraced back to the support (previous resistance) Im expecting a continued bullish trend and we have a huge potential for profits. We enter a the trade in spot market
Entry level: $ 0.003958 or lower
Stop Loss Level: $0.002214
TakeProfit 1: $ 0.004624
TakeProfit 2: $ 0.005959
TakeProfit 3: $ 0.008971
TakeProfit 4: $ 0.012754
TakeProfit 5: $ 0.024541
TakeProfit 6: $ 0.035754
TakeProfit 7: $ 0.049193
Max Leverage: spot market
Position Size: 1% of capital
Don't forget to keep stop loss.
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GreenCrypto
Telcoin [TEL] Technical Analysis Chart ideaTelcoin Breakout from falling wadge pattern, one day Chart point at target 300% long term
Telcoin Uses blockchain for transformative remittance services, reducing global wealth disparities. and its base on the Ethereum blockchain that will be distributed by your national telecom operator made available to everyone, anytime, anywhere.
$TEL UpdateNYSE:TEL pretty similar to CRYPTOCAP:BTC , closely following #Bitcoin, $0.003915 testing, current support at $0.003642. Bullish engulfing on last 1D close but looks completely dependent on CRYPTOCAP:BTC as of now to expect a follow up. $0.004580 support needed to reattempt at $0.005607, expect good resistance from $0.004580 unless CRYPTOCAP:BTC went nuts. $0.003472 key support here.
$TEL UpdateNYSE:TEL beautifully gained support of $0.001459, currently moving to reattempt at $0.001543, possible bullish engulfing on current 4h similar to CRYPTOCAP:BTC , should be able to take $0.001572 easily breaking out from here if the bullish engulfing played out, RSI on 1D and 4H looking good, Next key resistance at $0.001619 which will require $0.001572 support. Current key support at $0.001399.