TOMOUSDT is testing the falling wedge resistance.
Price action is printing a symmetrical triangle pattern.
We could see a breakout above the symmetrical triangle + falling wedge resistance as bullish ⬆️ and a breadown below the symmetrical triangle support as bearish ⬇️.
TOMOUSDT bounced off the falling wedge support as expected from my previous analysis.
Price is testing the wedge resistance.
We could see a breakout above the falling wedge resistance ⬆️ or a rejection of the resistance level ⬇️.
The price working in a descending triangle .I expect to have a false breakout of this triangle to reach it's destination at the pre- specified green area (especially if it touches the red vibrational trend) then it goes up
safe entry after the up-break of the red area.
take profit in green
stop loss daily close below the green area
Tomo now 81
As my latest chart yesterday tomo was the Coin of the day really!
after that tomo touched 101 it dumped beautifully to RED trendline that was draw in latest chart and now is playing between new VIOLET and old GREEN trendline.