Panjang
TOMO/USDT - Moving in a bullish channel
$BINANCE:TOMOUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
#TOMO is moving in an ascending channel in HTF.
Currently it's attempting to break above the channel and the local S/R line, Which is not possible for #TOMO yet.
I'm expecting a retest on channel's lower or a short-term correction !
- Also on MID-TERM view, There's a flat channel formed on 4H's chart :
📈 I'll be looking to enter on 2 split scenarios, After breakout on channel's higher OR After a retest on channel's lower.
- You can wait for a breakout on channel and enter on breakout confirmation, The invalidation will be a 3 candles close below the entry and the final target is $3.680.
- You can wait for a rejection to channel's lower and enter after a pullback on channel or the 4H's Demand, The invalidation will be a 3 candles close below the Demand zone; The final target will be the higher resistance zone located near to $3.20.
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
Helical_Trades
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
#TOMO is moving in an ascending channel in HTF.
Currently it's attempting to break above the channel and the local S/R line, Which is not possible for #TOMO yet.
I'm expecting a retest on channel's lower or a short-term correction !
- Also on MID-TERM view, There's a flat channel formed on 4H's chart :
📈 I'll be looking to enter on 2 split scenarios, After breakout on channel's higher OR After a retest on channel's lower.
- You can wait for a breakout on channel and enter on breakout confirmation, The invalidation will be a 3 candles close below the entry and the final target is $3.680.
- You can wait for a rejection to channel's lower and enter after a pullback on channel or the 4H's Demand, The invalidation will be a 3 candles close below the Demand zone; The final target will be the higher resistance zone located near to $3.20.
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
Helical_Trades
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.