TOMOUSDT Hammer SignalHello, dear subscribers!
Our Autmatic Intraday Hammer Strategy revealed the potential trend reverse in TOMOUSDT price movement from the downtrend to uptrend.
Technical analysis confirmed this assumption. We can notice that the price is in the upward trend channel. Now price is on the support level, there is a high probability of rebounce. The Accumulation/Distribution Indicator demonstrates the weak bullish divergence: the price was in the downtrend, while the A/D value was almost at the same level. The final point of this analysis is that Stoch RSI indicates the oversold TOMO zone.
We expect the 4.5% price growth from 0.7318 to 0.7647. The alert was automatically executed by SkyRock Signals trading bot.
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 breakout this resistence & go big.....Tomo has been a certain range for the last few weeks.If he can break the next resistence,hopfully he will get a big upward movement.
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
TOMOUSDT AnalysisEngineeringRobo and I are currently bullish about TOMO, if you are currently holding, you should continue to hold and wait for EngineeringRobo buy signals, or, you can sell at the 1.42 resistance level.
If you're looking to buy, you can buy now (1.04 - 1.12).
In either case, you should pay close attention to EngineeringRobo signals!
If you're looking to use EngineeringRobo, DM me!
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$$$
TOMOUSDT Major Trend Reversal Set-upI expect the price action to be in early phase of the Major Trend Reversal.
Price has corrected or gave bear trend in a tight channel and not price is ranging.
As you can see that the low of the price is respected well. The Double Bottom formation is Higher Low Formation which is a good hint for a early reverasl.
When the price flips the red zone as the support then I will be confirmed that the reversal has started. Taking any trades before flipping the Red Zone would be a scalp for me not Swing Trade.
Plan you trade wisely.
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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Not Financial Advice
Please Exercise Risk Management
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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. :)
TOMOUSDT AnalysisAs of now, I'm bearish since there is SELL 2 signal present.
Also, the candles are below the resistance level (1.42) & the risk-reward ratio is lower than 2.
So, this is not a good time to buy.
You can buy when there's a BUY signal from EngineeringRobo or you can wait for candles to open-close above the resistance level (1.42).
After you buy, watch out for EngineeringRobo's SELL signals to sell.
Tomochain Long3rd time is a charm. expecting this to continue to follow its fractal pattern, but as always all eyes on big daddy btc.
TOMOUSDT AnalysisFor now it is a waiting game as the opportunity has already been missed. The candle is now just below the 1.5232 resistance level...
We can buy at the next support level and sell with Engineering Robo super sell ,sell2 or bear signal.
If the candle goes up, and breaks the 1.5232 resistance level, after confirmation with an open-close candle, we can buy it. We can then sell with Engineering Robo super sell,sell2 or bear signal.
