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TomoChain / USD Tether

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TOMOUSDT trade ideas

TOMO 4H Review with FACTSPositive Points for long position: + Low volatility (low volumes). + Clear buyer limit support. + Potential breakout soon (place limit orders with Fib). + Bullish RSI. Negative Points for long position: - Uncertain short-term direction. - Local trend resistance. - Below MA200. - Possible breakdown. - LH 4H (?) BTC - not clear. + Tomo could definitely rise further. Low volatility presents an optimal opportunity for buying with limit orders. It's advisable to consider participating even in the event of a breakout (with strong market volumes) that will likely drive price higher. - For day traders using a scalp strategy, a breakdown trade might also be favorable.
TLong
by KeylessCrypto
Tomo Second Entry. After Huge Profit on Last One. TomoChain (TOMO) is a scalable blockchain platform that uses a proof-of-stake consensus mechanism. It was launched in 2018 and is designed to be fast, secure, and affordable. TomoChain has a number of features that make it stand out from other blockchain platforms, including: * **Scalability:** TomoChain can process up to 2,000 transactions per second, which is significantly more than other popular blockchain platforms such as Ethereum and Bitcoin. * **Security:** TomoChain uses a number of security features to protect its network, including a dual-chain architecture and a consensus mechanism that is resistant to Sybil attacks. * **Affordability:** TomoChain transaction fees are very low, making it an affordable platform for both users and developers. TomoChain has a number of use cases, including: * **Payments:** TomoChain can be used to make fast and secure payments with low fees. * **Decentralized applications (DApps):** TomoChain is a good platform for developing and deploying DApps, as it is scalable, secure, and affordable. * **Gaming:** TomoChain can be used to develop and deploy blockchain-based games. * **Enterprise solutions:** TomoChain can be used to develop and deploy enterprise-grade blockchain solutions. Recent news about TomoChain: * On October 20, 2023, TomoChain announced that it had partnered with the Vietnamese government to develop a blockchain-based national identity system. * On October 15, 2023, TomoChain announced that it had launched a new cross-chain bridge that allows users to transfer assets between TomoChain and other blockchain platforms such as Ethereum and Polygon. * On October 10, 2023, TomoChain announced that it had been selected to participate in the World Economic Forum's Global Innovators Community. However, I am not a financial advisor, and I cannot provide financial advice. The information I have provided about TomoChain is for informational purposes only and should not be taken as financial advice.
TLong
by MoonTradingForecast
toomoFirstly, it's worth noting the local upward trend that had been in place since October 9. We recently broke this trend and performed a retest, which serves as the first strong signal for going short. Secondly, we observe a bearish pattern called the "rising wedge," which breaks downward, confirming our position. This is already the second signal for going short. Regarding trading volumes, there's nothing particularly noteworthy at the moment. However, it's reassuring that there isn't a clear buyer in the coin. Additionally, it's important to take note of the sharp price spike on October 15, which could have been triggered to hit the stop-loss orders of short traders. Speaking of support levels, the main trendline has already been breached, opening the path for further downside. Now, all that's left is to wait and aim to secure excellent profits from this trade.
TShort
by Bybitkiller
$TOMO Short Recover from previous lossMy last trading ideal was taken out. Its just 1R . My risk management is always on point hence losses do not affect me. I am still confident about my short sentiment. My previous trading idea was invalidate because: There were 2 FVGS I chose the discount one(big mistake since I want to sell at premium) Why am I buying? We have market at BREAKER+FVG (UNICORN SETUP) We have the market at Premium FVG of the Unicorn setup Its killzone hour at 7pm UTC+3 We have M15 closing with bearish engulfing.
TShort
by Sherman_Trades
TOMO/USDT Continue Downward Movement After Retesting ??Yello Paradisers, Spotlight on TOMO: A Key Zone to Watch 💎TOMO has recently broken through its bullish support trendline, coinciding with its demand zone. 💎Currently, TOMO is testing a supply area or what's known as a Bearish Order Block (Bearish OB). A strong rejection in this supply zone could signal a downward trajectory for TOMO, potentially leading it to a Bullish Order Block where a significant bounce and upward surge could occur, given that this area also serves as a strong demand zone for TOMO. 💎However, should TOMO manage to break through the current supply zone without delay, it could potentially aim for previous highs.
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by MyCryptoParadise_Nathan
18
TOMOUSDT → a strong coin in a weak marketBINANCE:TOMOUSDT in a weak cryptocurrency market gives us hints of chic bullish potential. But this will happen under a number of conditions The coin is in a range under the resistance at 1.5480 and under the downtrend line marking the direction of the global trend. The coin after a long consolidation and numerous retests breaks this line and begins to move into the phase of realization of the accumulated potential. On the background of weak BINANCE:BTCUSD (and this is important enough) TOMO forms an active bullish growth to the area of 1.5480, which is a panic zone for sellers. If this resistance is broken through, an increase in volumes will be formed that will start to lift the price, in which case we can catch a rise in price. Medium-term target is 1.9700 and 2.4390. Moving averages on D1 act as support. Resistance levels: 1.5480, 1.6640 Support levels: 1.3300, MA-50 and MA-200 In the future, I expect a continuation of the simplified struggle of buyers with the market, which may lead to a breakthrough of the above resistance and further strengthening of the price to important targets CRYPTOCAP:TOTAL3 CRYPTOCAP:TOTAL CRYPTOCAP:TOTAL2 CRYPTOCAP:BTC COINBASE:BTCUSD BINANCE:TOMOUSD a strong coin in a weak market Regards R. Linda!
TLong
by RLinda
17
TOMO/USDT Ready For a Potential Correction? TomoChain Analysis💎Yello, Paradisers! turn your attention to TOMOUSDT. We've identified it securely positioned within a trading zone, hinting at a possible correction due to the above looming supply zone. 💎In recent times, TomoChain has been tracing a trading range, yet it seems poised for a reversal. If it breaks free from this channel, a bullish momentum could be on the horizon. 💎Impressively, TOMO has consistently recognized and respected the crucial $1.30 support, reaffirming its significance on multiple occasions. 💎Above, a clear supply zone awaits, accompanied by an untouched OB. If TOMO continues to honor the $1.30 support, it might set its sights on this supply region. 💎Harness the optimal entry and exit strategies for TOMO with ParadiseFamilyVIP. Dive into comprehensive insights on TomoChain and other potential tokens to streamline your trading profits.
TShort
by MyCryptoParadise_Simon
1
TOMO WAITING GAME: Ascending Triangle On this hourly chart of BINANCE:TOMOUSDT , the coin forms an ascending triangle pattern. For this instance, there could be an imminent breakout or breakdown. This week can have a massive movement of the coin as the shape of a month-long triangle spans until approximately Wednesday as the price is squeezing inside as of today, so let's wait for the next days ahead and add this coin to your crypto watchlist. In analyzing the price movement, if a support breakdown happens, potentially hitting the support lines through a Fibonacci retracement from swing low to swing high. On the other note, a breakout occurs through the price overlapping the vertical resistance and potentially retesting to assess its firmness and identifying it as a possible new support line along with other key resistance lines. Always plan your trades by identifying take profit and stop loss areas for security. Moreover, discipline, one example is PATIENCE. Have a great week ahead, and happy trading!
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by luigi360swirl