For my first technical analysis, I've chosen to delve into the Tomo/USDT.
Head and Shoulders Pattern:
The left shoulder, head, and right shoulder are distinctly marked, indicating a potential bullish reversal.
Breakout Point: The neckline, which serves as the breakout point for this pattern, has not been breached yet. For confirmation, traders often look...
💎 Paradisers, turn your attention to TOMOUSDT. We're observing a significant transition where what was once resistance is now serving as support, hinting at a heightened likelihood of a bullish trajectory.
💎 Recently, TOMO surged past the weekly resistance at 1.6775. Currently, it's retesting this level, which has transformed into a supportive base. This...
TOMO has just broken the bullish flag and would make a big pump, even if BTC is right below the strong resistance.
TOMO/BTC pair is also interesting. It seems that TOMO/BTC would break the long-term trendline.
This crypto is highly volatile in the context that BTC would have a correction, so risk management is important (as always).
TomoChain (TOMO) is a scalable blockchain platform that uses a proof-of-stake consensus mechanism. It was launched in 2018 and is designed to be fast, secure, and affordable. TomoChain has a number of features that make it stand out from other blockchain platforms, including:
* **Scalability:** TomoChain can process up to 2,000 transactions per second, which is...
Firstly, it's worth noting the local upward trend that had been in place since October 9. We recently broke this trend and performed a retest, which serves as the first strong signal for going short.
Secondly, we observe a bearish pattern called the "rising wedge," which breaks downward, confirming our position. This is already the second signal for going...
it is gud to short TOMO ... it is third attempt to go high ...it lost its bullish fuel... for sure it will come down to 1 dollar this time... not FA..DUOR
TOMO has a good position to sell, let's see what happens.
BE CLEVER AND CHOOSE YOUR SIDE THEN TRADE THE ADVICE .
If u want to have more our private idea text us.
Long position
🔻 Buy TOMO
📌Entry: 1.56
🚫 SL: 1.64 ( -5.08%)
🚫 TP: 1.31 ( +15.97 %)
We have MSS in H1 and the market reacting off the H1 Extreme premium OB-
We have a clearer MSS in M15 and the market is currently at FVG formed in MSS
We have H4 looking bearish
We have the 3 touch move/rejections on the upside
We are at daily bearish breaker
So am looking forward for the market to go at least <50% FIB Discount level of the pump so far. This is at TP1.
Hello mt friends. tomousdt is in TR and its near of resistance of TR and now it has confirmed a rising wedge and shown RSI Divergence.
wait for a trigger.
tp1:1.3783
tp2:1.2865
tp3:1.1795
tp4:1.0916
tp5:0.9863
My last trading ideal was taken out. Its just 1R . My risk management is always on point hence losses do not affect me.
I am still confident about my short sentiment. My previous trading idea was invalidate because:
There were 2 FVGS I chose the discount one(big mistake since I want to sell at premium)
Why am I buying?
We have market at BREAKER+FVG...
We have a unicorn setup after the market filled the HTF FVG at 1.6365
We are at 30 mins after NY open hence time is on our side.
We have SSL to fill.
Unicorn setup involves A BREAKER + FVG at killzones.
