TomoChain (TOMO) Resumes Uptrend, Next Target At 50%+
Updated
TomoChain (TOMOBTC) went on correction mode after peaking on the 13th of August.
Prices bounced perfectly at the 0.786 Fib. retracement support level.
We now have strong bullish action taking place...
Let's have a look:
1) 4 Consecutive green candles.
2) Increasing green/bull volume daily.
3) Very strong RSI.
4) The MACD is gaining momentum aiming higher. Still below zero but with plenty of room left for growth.
5) Prices moving back above EMA50 and EMA100.
All these signals are pointing to higher prices.
The next target is clearly marked on the chart with a magenta dashed line.
Thanks a lot for reading.
Namaste.
Prices bounced perfectly at the 0.786 Fib. retracement support level.
We now have strong bullish action taking place...
Let's have a look:
1) 4 Consecutive green candles.
2) Increasing green/bull volume daily.
3) Very strong RSI.
4) The MACD is gaining momentum aiming higher. Still below zero but with plenty of room left for growth.
5) Prices moving back above EMA50 and EMA100.
All these signals are pointing to higher prices.
The next target is clearly marked on the chart with a magenta dashed line.
Thanks a lot for reading.
Namaste.
Note
Previous chart | Jul 3
🔥 PREMIUM Trade-Numbers
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🥇XRP +1950 🥇ADA +2216% 🥇AVA +536% 🥇AAVE +417%
t.me/alansantanatrades/971
🔝 Cryptocurrency Technical Analysis
followalan.com
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🥇XRP +1950 🥇ADA +2216% 🥇AVA +536% 🥇AAVE +417%
t.me/alansantanatrades/971
🔝 Cryptocurrency Technical Analysis
followalan.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.