Yello Paradisers, Spotlight on TOMO: A Key Zone to Watch
💎TOMO has recently broken through its bullish support trendline, coinciding with its demand zone.
💎Currently, TOMO is testing a supply area or what's known as a Bearish Order Block (Bearish OB). A strong rejection in this supply zone could signal a downward trajectory for TOMO, potentially leading it to a...
BINANCE:TOMOUSDT in a weak cryptocurrency market gives us hints of chic bullish potential. But this will happen under a number of conditions
The coin is in a range under the resistance at 1.5480 and under the downtrend line marking the direction of the global trend. The coin after a long consolidation and numerous retests breaks this line and begins to move...
We can see double top clearly and
In daily tomo makes two pin bar by higher end floors and by this power of candlesticks it can makes the last drop for selling and offcuorse it will makes best price for boy poison
TOMOUSDT is in a bullish trend and making a series of HHs and HLs, The price came up from a bearish trend with a bullish divergence, what do u guys think about this? let me know
Assessment: BEARISH WEDGE BREAKOUT
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💎Yello, Paradisers! turn your attention to TOMOUSDT. We've identified it securely positioned within a trading zone, hinting at a possible correction due to the above looming supply zone.
💎In recent times, TomoChain has been tracing a trading range, yet it seems poised for a reversal. If it breaks free from this channel, a bullish momentum could be on the horizon....
Based on this chart, I see a wonderful pattern. If this chart breaks above from 1.80 and closes, it could move to higher figures like 3.5$.
and if it can't it becomes like a head & shoulder pattern and reduces to lower figures.
On this hourly chart of BINANCE:TOMOUSDT , the coin forms an ascending triangle pattern. For this instance, there could be an imminent breakout or breakdown.
This week can have a massive movement of the coin as the shape of a month-long triangle spans until approximately Wednesday as the price is squeezing inside as of today, so let's wait for the next days...
TOMO will complete the double bottom frame and will therefore reach 1.319 after completing the frame at point 1.28
Let's see if this prediction comes true or not
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BINANCE:TOMOUSDT
TOMO/USDT: Massive price decline to support level 0.9347 after testing 1.66, followed by a resumption of upside momentum.
A bullish breakout above resistance level 1.377, creating a new higher high or confirming the higher low pattern, would be required to validate this price action. At this point, a long entry could be considered.
The 4-hour...
Hello everyone, let's take a look at the TOMO versus USDT chart on a four-hour time frame. As you can see, the price is moving above the local uptrend line.
Let's start by determining the support line and as you can see, the first support in the coming hours is $1.20, if the support is broken, the next support is $1.10, and then we have a strong support zone from...
Stop is wider for this because I can't rule out a wick to 1.33-1.37 before another push lower. If price can push into 1.41 or higher than the lows are probably in and this keeps grinding up to 2.6
Updating on my original tomo short idea where we caught a sick move from 1.55 to 1$ and then some!
Nice little dead cat bounce on tomo, expecting further downside I'd be surprised if lows are in. I don't LOVE this setup because on higher timeframes this may be newly forming support but the invalidation is clear in my opinion and therefore I'm shorting CMP of...
Quick look of the current range TOMO is trading in.
Aggressive short with a clear invalidation on a reclaim of the black line (mid point within the current FVG)
Will look to target 0.95$
Entry market
TP 0.95$
SL on reclaim of 1.3425$
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based...
