TEL me moreTELCOIN had a crazy ride this year and long-term hodlers got rewarded with 8000% and more ... still TEL has huge potential imo. It is not listed on too many exchanges and a listing could do the trick!
As we can see the uptrend (orange line) is broken, but we are still in the HUGE Triangle (white lines)!
What I can imagine, is that we retest the long-term support, bounce back and range in this zone till the end of the triangle - the blue line shows the possible (positive) outcome. IF we break below the support, I would recommend to wait on the sideline. As we are in a bull market for now, I still think that TEL has a good chance to show a great "comeback". Fingers crossed!
Sloppy drawing as always ... but easy to understand - this is what I try to provide!
Good luck!
V
TELUSDT
Support/Resistance chartFor my last chart on telcoin, I would like to leave for you a simple gift
Supports and resistance of telcoin till the ATH
Monthly is hard
Weekly easier
Daily more easy
If u can use this you can win a lot as a trader, in the last pump "v3 pump" I nearly doubled my coins using just supports and resistance.
Overall am bullish on TEL very much
Bullflag?Still confused about this but seems like we are forming a bull-flag and target may reach 0.04 - 0.042
Tel broke the symm. triangle after a long consolidation phase, recently TEL had a healthy pullback to test the daily support, but seems its forming a bull flag to roll toward the upside again.
TEL 6 Month Downtrend BreakoutTEL has finally broken out of its 6 month long descending triangle, and successfully held it as support. With the new release of v3 I think we see some big increases in volume over the next few weeks and begin our run to $0.10. Target price is $0.25 around end of January '22.
TEL/USDT 800% Potential GEM on Kucoin#TEL/USDT Chart update:-
800% Potential chart Update:-
$TEL ( Kucoin ) looking good fresh setup.
I am buying here some.
Entry:- $0.020-$0.022
Targets: $0.1/$0.2
Stop Loss:- $0.017
Chart looking bull flag.
$TEL already 41000% given in 2021 year.
Biggest gainer coin.
Don’t forget to placed Stop Loss.
TELUSDT Update-First of All, Congrats for breaking the descending channel I mentioned in my last idea, we broke it successfully and close a 4h candle above it and waiting for 1 more 4h candle above it !
UPDATE:
After breaking the descending channel, $TEL Should tend to retest the upper border of the channel BUT $TEL although broke the WEEKLY resistance and now it turned into support that I suggest that $TEL will stand on it and will not retest the upper border of the descending channel I mentioned before
One more thing, In a related Idea before, their was a supporting trend line that $tel was above it, TEL is now back above it and surprisingly it align very good with the weekly support line.
What should we look for ?
A daily close at the same level will be good, But am looking for a break to my triangle ..
For me as I told you before, We are in a symm. triangle too. TEL tried to break it but we got resisted and went back..
For the upper line of the symmetrical triangle, In my opinion the upper line of the symm. triangle is the complete straight one but I drawed for you to the other line people suggest.
Breaking it mean a Higher-High for TEL since a long time and maybe a new ATH too
Push the like button for more <3
UpdateInstead of talking about the triangle that we are in now,
Lets talk about the descending channel we are moving into too.
While we are moving into the symm. Triangle
We are now moving into down channel
I mentioned on the chart the support and resistance points
From my opinion we should break the channel by 3-4 Nov. to the upside
- if u are trading not investing, keep buying at support and sell at resistance
For investors just keep calm, it’s the quite before the storm
Nov. gotta be huge maybe ?I think this is my final look for the symm. Triangle
It’s clear that if it breaks upside next 1-2 weeks, target gotta be 0.078 - 0.08 cents
I still believe that $TEL will at least reach 15-25 cents -at least- by the end of this bullrun by dec. or jan 2022.
Waiting for it
Like to keep updated
TelusdtA new small gap is created again so $TEL will fill it soon and I think we can have a daily close above the Monthly resistance today
If you don’t know about the gap, just refer to the related idea.
TEL candles sometimes have gaps between 1candle and the next, whenever the price drops or go upside it seems to be getting back to fill this one.
A clear complete example is at the related idea.
Close lookFirst of all I want to introduce the DC indicator with a brief note;
DC looks like Bollinger band BUT it gets narrower and narrower as you see at the blue arrow, which mostly refer to accumulation phase before a run.
Now on daily chart we have golden cross again for the 3EMA (20,50,200) which indicate a bullish short-mid-long term run.
Although MACD just crossed to the upside again and the stoch indicator which is a good news and make us expect a run towards the upside
Seems like we will enter November with a new ATH or much closer to it
Am looking forward for a 2x4h close above the Monthly resistance at 0.02124145 ( which i said we will do it very soon, please check related idea) or 1x 1d candle above it, then am looking upside to 0.032 easily.
Next days will be great, Just do not leave before the run xD
This targets will be reached soon, MAX at the beginning of Nov.
Support by like and I will keep this updated
PLEASE Take a look at Related ideas
Does that mean that we will not go down alittle next days ? On lower time frames surely we will go down a little and go up again, but on daily I think we will have 3-5 Green candles for next days
TEL butterfly pattern#TELUSDT
$TEL broke out from long term descending resistance line and stayed above support zone, also hold the long term ascending support line.
if price hold the current support, for completing the butterfly pattern it can touch $0.035 and $0.0375.
it is possible to head down to the long term support line, and if break it down nearest support is around $0.0135 and then $0.0097.
TEL is in a consolidation phaseSeems like TEL is forming a symm. Triangle
For short term I think it will re-visit 0.00185 as this is the POC -Point of control- of the coin which can flip the Trend back up to break the triangle to upside
For short term : I am bearish till we visit the POC
For long term : I think the triangle will break to upside.
You can buy/support from the POC which is in contact with the short term bullish line
Keep in mind that tel is in a short term upward bullish trend - it broke the bearish trend line-