TOMOUSDTBINANCE:TOMOUSDT situation is as follows:
A descending channel has formed, and we can confirm it with multiple price bounces off the channel. Ignore the shadows that extend beyond the channel; they are only stop hunts and liquidity grabs. There is a possibility that the price may decline to $1.25 and then bounce back up from there or complete the downtrend until it reaches the bottom of the channel.
"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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Tomousdtshort
TOMOUSDTTomo has started a downward movement by creating descending pivots. During approximately 100 days of strong upward movement, this cryptocurrency is seeing descending pivots for the first time. The price may either stay within this range or return to the nearest reliable support levels, which are around $0.85 and $0.80. However, in my opinion, a return to a lower support level is more believable.
⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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TOMOUSDTMore than 300% growth in 130 days? It is admirable. But now Tomo has faced a strong resistance. The target of $1 has been reached and I think we have a little drop or at least sideways movement in the coming days.
⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
TOMO/USDT shortToday we are exploring the possibility of a short on TOMO, whilst applying leverage to take advantage of a potential dip in the instruments value:
Entry: 0.484
Targets: 0.48 - 0.4755 - 0.4705
TOMO Bearish Rising Wedge ScenarioLabelled points a,b,c correspond to each other
inverting point a gives a nice comparison
Rising wedges are usually a bearish pattern, but lately I have seen some breaking out bullishly
regardless, this one seems bearish
tomousdt analysis 🔥It is hitting the resistance range.
If you want to get long, it is better to do it after breaking the green line in the daily time frame.
#TOMOUSDT 30% Potential Rally ahead. Trade Setup1
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Open Long TOMO/USDT
Entry: $2.21 to $2.30
Target : 15% to 30%
Stop Loss:-$2.155 (agressive)
What's your thought on this?
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TOMOUSDT 1D TF (Update)As we can see, after breaking its downward trend, the price is gathering strength to start a strong climb.
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
(DYOR)
TOMOUSDT : 1D TF As we can see, after breaking its downward trend, the price is gathering strength to start a strong climb.
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
(DYOR)
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.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
TOMO/USDT HIGH BULLISH SIGN 24hValley & resistance test for now, the price going to explode any second.
The candle 15 mnt opened less then red candle.
Good luck
Happy earning easy money
