TOMOUSDT - Potential sell entry 🔽TOMOUSDT brokedown below the trendline support.
RSI is printing a bearish divergence signal.
Price action is printing a descending triangle pattern.
Sell entry ⬇️ - breakdown below the descending triangle support.
Target 🎯 - Support levels.
Setup invalidation ❌ - breakout above the descending triangle resistance.
TOMOUSD
TOMOUSDT - Possible price actions TOMOUSDT is testing the falling wedge resistance.
Price action is printing a symmetrical triangle pattern.
We could see a breakout above the symmetrical triangle + falling wedge resistance as bullish ⬆️ and a breadown below the symmetrical triangle support as bearish ⬇️.
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Tomochain on strong weekly key supportTOMO / BTC
Dropped to very strong weekly key support
0.00003700-0.00003400
As you see on this weekly chart this level rebounced the price multiple times before
On this area bulls have the upper hand and we have high chance for reversal
Add this coin to your watchlist
Good luck and happy trading 🌹
TOMOUSDT - buy buy Closing the daylight candle before the level. If a day candle is closed before the level, without a shadow in the direction of the level and with a shifted body in the direction of the level, it is a prerequisite for breaking through the level from the lightening of the candle the next day.
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
TOMOUSDT - Possible price actions TOMOUSDT bounced off the falling wedge support as expected from my previous analysis.
Price is testing the wedge resistance.
We could see a breakout above the falling wedge resistance ⬆️ or a rejection of the resistance level ⬇️.
TOMO TOMOChain Trendline Breakout - TOMOBTC TOMOUSD TOMOUSDTTOMO TOMOChain Trendline Breakout - TOMOBTC TOMOUSD TOMOUSDT
TOMOUSDT - Potential breakout TOMOUSDT is consolidating in a pennant chart pattern at the major falling wedge support.
Breakout is imminent.
Possible price actions indicated.
TOMO/USDTIm showing you what im seeing, not predicting the direction of the market. im looking for the next TOMO SEASON the bottom could be in based on what i see on the indicators and probably we are in the start of the accumulation moment. I draw 2 vertical lines one on the 13 of NOV and DIC becouse this coin accomplish month cycles (im based on the last run after each 13 the coin have change movement). Other thing to consider is that this coin have slowdown and long down trends thats the TOMO way but that was based on a BEAR MARKET CYCLE we are not on a bear market anymore. Other consideration is that i think than BTC is going down (Could be a fact that when BTC go down all the market do in most of the cases be carefull based on btc, other wise if TOMO outperform the majors downtrend it could be a rigth moment to be here.
Fundamental im bullish in long term becouse of TOMO P, LuaSwap for me is an idea at this moment but the team and Loung are hard workers, the adquisition on LIT was a good movement becouse insted of be a sidechain i think this guys want to enter in the Layer 2 race VS xDai, Matic, etc.
TOMOUSDT - Falling wedge pattern formation TOMOUSDT is printing a falling wedge pattern.
Price bounced off the support and is approaching the wedge resistance.
TOMOUSDT - Test of descending triangle support. TOMOUSDT is printing a descending triangle pattern.
The market is testing the descending triangle support.
We could see a breakdown below the support ⬇️ or rejection off the support ⬆️.
TOMO/BTC (Daily Support Breakdown)💎Technical Analysis Summary💎
BINANCE: TOMOBTC
-The downtrend continues after TOMO drops below its key level support
-The next key area of support is somewhere around 4400s sat
-I don't recommend buying at this level unless there are bullish signs
-So please don't try to catch a falling knife without a trading plan
A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉
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TomoTomo, I dont see it breaking any further upside for awhile. It got listed on Binance futures, which means larger money can help manipulate and keep the price down, or bring the price up a lot faster, I just dont see that being the scenario at the moment.
Let tomo drop to support buy zone and as long as bitcoin doesnt dump tomo should hold the support and make another run to resistance. Hopefully breaking it as they will be releasing TomoP (tomo with privacy integrations) zec and xmr have been running and I expect tomo to pick up some of that momentum. Just not now.
Don't FOMO on TOMOPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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- Double bottom played out
- Broke above 21EMA + retest for support
- Very nice volume
Don't FOMO in. Wait for a retest of the support around 7300 sats.
Buy order @ 7400 sats
TP1: 10K
TP2: 12k
SL: 6.8K
TOMO WILL TAKE OFF SOON..Tomochain , one of the gems you need in your portfolio , please take a look and leave me feedback , thank you and take care , bless$$$
Tomo/Usdt
Without showing any indicators or any trendings.
Your target is 40 cents. (50%).
Best of luck.
TOMO/BTC (Retest Swing Low? Potential Double Bottom?)BINANCE: TOMOBTC
-TomoChain is pulling back since the recent rejection at trendline resistance
-If this retracement will continue, highly probable to retest the swing Low at 5246 sat
-It will be another -13% drop from the current price
-That zone will is a decision time to break the resistance line or fall lower
-My opinion, the 5200 sat range will not break easily
-Because it is a strong confluence of previous resistance turned support
-The demand in this range is high but if BTC will fail, this will likely break also
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TOMOThe Content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This is not financial advice nor am I a financial adviser. :)
TOMO/BTC (Key Support @ 6300 sat?)TOMO/BTC
-The price has dropped over -40% from the High at 12000 sat
-Currently, approaching potential Key support at 6300 area
-This is a confluence of previous resistance before the strong uptrend
-Buyers will start looking at this key zone for potential Bounce reaction
-I recommend waiting for any Bullish reaction before placing your Bids
-Your upside potential is up to 8000 sat or higher
Tomochain possible outcomesif we hold support here and btc ranges for a bit i expect us to pick up at scenario 1.
if we fall through sharp support and hold trend support I expect to follow the blue line ending with scenario 2 outcome
if btc dumps we will follow the red trend line into scenario 2.
