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TOMO/BTC Long

TomoChain looks ripe for movement upwards
as it is printing a beauteous Inverse Head
and Shoulders (iH&S) on the BTC pair:
-The Fibonacci Retracement tool has the 0.236
area acting as a great neckline for the iH&S
-The head to neckline price disparity of the
iH&S of .00002770 sats has our price target
after confirmed neck-line breakout at .0007504 sats
-However it would seem reasonable to expect
the price to even reach the .5 Fib retracement
line priced at .00007833 before meeting
stronger resistance
Moving Averages:
-The MA30 needs to confirm cross above the
EMA100 to add conviction to this as well
-Price closing above the MA30 while above
the EMA100 as well would add even
stronger belief that this price target will be
reached
-Bigger volume kicked in yesterday which is
expected to continue and add more confluence
for a belief toward upward movement
as it is printing a beauteous Inverse Head
and Shoulders (iH&S) on the BTC pair:
-The Fibonacci Retracement tool has the 0.236
area acting as a great neckline for the iH&S
-The head to neckline price disparity of the
iH&S of .00002770 sats has our price target
after confirmed neck-line breakout at .0007504 sats
-However it would seem reasonable to expect
the price to even reach the .5 Fib retracement
line priced at .00007833 before meeting
stronger resistance
Moving Averages:
-The MA30 needs to confirm cross above the
EMA100 to add conviction to this as well
-Price closing above the MA30 while above
the EMA100 as well would add even
stronger belief that this price target will be
reached
-Bigger volume kicked in yesterday which is
expected to continue and add more confluence
for a belief toward upward movement
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Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.