TOMO/BTC (Retest Swing Low? Potential Double Bottom?)
BINANCE: TOMOBTC
-TomoChain is pulling back since the recent rejection at trendline resistance
-If this retracement will continue, highly probable to retest the swing Low at 5246 sat
-It will be another -13% drop from the current price
-That zone will is a decision time to break the resistance line or fall lower
-My opinion, the 5200 sat range will not break easily
-Because it is a strong confluence of previous resistance turned support
-The demand in this range is high but if BTC will fail, this will likely break also
``````````````````````````````````````````````
Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
-TomoChain is pulling back since the recent rejection at trendline resistance
-If this retracement will continue, highly probable to retest the swing Low at 5246 sat
-It will be another -13% drop from the current price
-That zone will is a decision time to break the resistance line or fall lower
-My opinion, the 5200 sat range will not break easily
-Because it is a strong confluence of previous resistance turned support
-The demand in this range is high but if BTC will fail, this will likely break also
``````````````````````````````````````````````
Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。