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Telcoin / Tether

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TELUSDT trade ideas

Still a Long Way Down for TelcoinThis is a follow-up from an earlier published idea in June 2021. The expectation was down, however, TEL doesn't look like it has finished correcting here. My expectation is further downside resulting in more pain for late bulls. Before getting into why, note that this analysis could be completely wrong. I'd be happy if that's the case. Don't take actions based on these simple observations. Here's the observations: - Back in June, I believed TEL had completed a five wave impulse. Even though the fourth wave looks shallow and didn't take too much time, the third wave was a giveaway. - I expected a retracement to around $0.003 to be hit around now but it hasn't quite made it there. Instead, it looks like this correction will last longer and potentially go deeper than initially anticipated. - The break of $0.009 is the nail in the coffin in my opinion. Unless it recovers the expectation is more down. - Using Fib-channel, Fib-time, and Fib-retracement tool, I'll be watching for $0.0019 & potentially as low as $0.0008 which is the 50-61.8% retrace of the entire move. - In terms of time, expectation is this will drag out to end of 2022 or even as far as end of 2023. Not a promising outlook but things can change. Just pointing out what's on the chart. Good luck out there.
Short
by MM-Charts
( TEL/USDT ) is it good time to buy ?hello, I hope everyone is doing well ! tel/usdt looks clean. strong support around 0.005 $ and important resistance around 0.009 $ . you have 2 buy opportunities : 1. touching 0.005 level 2. breaking the descending trendline and breaking the 0.009 resistance.( yes you can buy after breaking the trendline and retesting on it, but if it was close to 0.009 $ its a little risky) I will update this post with a lower time frame after breaking the trend. let me know what do you think !!! not financial advice!
Long
by coocoolikoo
TELUSDT 2 Hour ChartOn high time frame (daily chart), TELUSDT formed a descending triangle. Inside the descending triangle, there are a few pattern identify at the low time frame Descending parallel channel An invalidated ascending triangle Inside a descending parallel channel, there is a inverse head & shoulder PA dipped into the white rectangle level which I identified as a strong support level. The pink dashed line is the resistance level that TEL has to reclaim. The inverse head & shoulder had played out lead to the breakout of the descending parallel channel. Currently the PA is retest the descending parallel channel. NFA
Long
by Tigerrrrrr
🆓Telcoin (TEL) Dec-8 #TEL $TEL . 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.01$ zone 🔴Buy : 0.011 - 0.01 🔴Sell : 0.014 - 0.018 - 0.022 📈BLUE PLAN ♻️Condition : If 1-Day closes BELOW 0.01$ zone 🔵Sell : 0.01 🔵Buy : 0.008 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation