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TELUSD trade ideas

TEL - One final pump possibly forming!HITBTC:TELUSD I've been tracking TEL closely because she's a favorite position of mine, and she's treated me well, considering I got it back in February. I was reviewing my chart last night and realized TEL is still looking really bullish on the daily candle view (MACD is possibly crowning, and the gap between blue and orange lines is still widening). And on the 4-hour candle view, we're seeing that there could very well be another green MACD mountain, as the RSI is showing it's still not overbought yet either. Considering it just repeated basically the same pattern three times since April 30th, I'm applying that same timespan and average growth. We've seen 6 days of calm between pumps, and for this most recent surge, we've just hit that, AND the wedge is about to crown. I personally think she has one more jump in her for this run. What do you all think? * The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
HITBTC:TELUSDLong
by mattdim805
TEL - Forming a predictable pattern?HITBTC:TELUSD I ran a forecast on TEL/USD last week and noticed it was following a horizontal wedge pattern. I established the support and resistance lines and drew a green line to represent the same pattern it's been following in the prior weeks. Checking back today and I'm seeing it's following the same pattern to the T! It's trying to break out, but my guess is it'll have to cycle a few more times before it consolidates enough to break out. What are your thoughts?
HITBTC:TELUSD
by mattdim805