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 :
- 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
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TELEGRAM :
t.me/Helical_Trades
Instagram ( Persian - فارسی ) :
www.instagram.com/helical_trades/
