🆓Telcoin (TEL) Dec-8 #TEL $TEL
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📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.01$ zone
🔴Buy : 0.011 - 0.01
🔴Sell : 0.014 - 0.018 - 0.022
📈BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.01$ zone
🔵Sell : 0.01
🔵Buy : 0.008
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
TEL
TEL me moreTELCOIN had a crazy ride this year and long-term hodlers got rewarded with 8000% and more ... still TEL has huge potential imo. It is not listed on too many exchanges and a listing could do the trick!
As we can see the uptrend (orange line) is broken, but we are still in the HUGE Triangle (white lines)!
What I can imagine, is that we retest the long-term support, bounce back and range in this zone till the end of the triangle - the blue line shows the possible (positive) outcome. IF we break below the support, I would recommend to wait on the sideline. As we are in a bull market for now, I still think that TEL has a good chance to show a great "comeback". Fingers crossed!
Sloppy drawing as always ... but easy to understand - this is what I try to provide!
Good luck!
V
TELs passage to .50V2 released took TEL 25 days to make the move, TEL moved +70% with this news
The trend is identical, retest of pennant and consolidation until next move about 3-4 weeks
TEL will makes its move within the next 18 days, I am expecting a move to .08-.10 during first week of Decemeber.
V3.1 + V3.2 catalyst could start this rocket faster.
Price Target remains the same
doing this for myself to see how accurate I will be
TEL/USDT 800% Potential GEM on Kucoin#TEL/USDT Chart update:-
800% Potential chart Update:-
$TEL ( Kucoin ) looking good fresh setup.
I am buying here some.
Entry:- $0.020-$0.022
Targets: $0.1/$0.2
Stop Loss:- $0.017
Chart looking bull flag.
$TEL already 41000% given in 2021 year.
Biggest gainer coin.
Don’t forget to placed Stop Loss.
TEL butterfly pattern#TELUSDT
$TEL broke out from long term descending resistance line and stayed above support zone, also hold the long term ascending support line.
if price hold the current support, for completing the butterfly pattern it can touch $0.035 and $0.0375.
it is possible to head down to the long term support line, and if break it down nearest support is around $0.0135 and then $0.0097.
+1100% TEL Descending Wedge Breakout Within Next 2 Weeks?History
KUCOIN:TELUSDT is 15 days away from pinching between the bottom and top resistance that formed on March 7, 2021, which occurred just two breakouts ago. The most recent breakout took 14 days to complete and resulted in a +1,077% gain.
Potential
If history repeats itself for a 3rd time in a row, we'd be looking at a +1,105% gain by October 10th, if TEL were to break out today.
Supportive Observations
Price action is within a descending wedge and has been knocking on the upper trendline, which is bullish.
RSI is at 42, which is the level it's been at immediately prior to numerous other breakouts.
The blue MACD line is curling up towards the signal line, and the red histogram bars are decreasing in volume, which is bullish.
Volume has been descending below the MA.
Waiting for a breakthrough and retest of the top trendline for support would be the safest time to secure a position.
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TEL not ready for a Sell-off yet We've been in a strong pullback which we are nearing the 50 EMA which I do believe we will bounce off & continue moving in the Uptrend. If we do we will see a slight pullback then a nice spike heading into the weekend.
If we do fall below the 50 EMA we may retest the previous resistance at .020 then see a Consolidation phase unfold heading into the weekend.
TEL to .017 or .20 early FridayWe've got 2 scenarios that we may see play out, we may hit this resistance fall below to the .018 resistance fall below it with a retest then continue down too .017
If we hit this resistance & test .018 followed by a Touch & Go we may he headed too .02 early Friday morning. Appears we may be creating a Cup & Handle which would be great for the weekend.
TEL looking for a breakoutAs you take a look at the RSI it indicates we broke through the top of this Bearish downtrend & set for a retest phase.
Next we need to pay attention to the retest, if we're able to retest the wedge then continue this uptrend & look for a bullish trend to establish itself. Or if we will fall below the wedge & look for our resistance at .019, if we do break that we may be in a consolidation phase in through mid Monday.
TEL prepping for a UptrendI've gone ahead & broken down the phases we've passed through, starting from the left we were in a nice Uptrend consolidation which led to a oversold situation that formed into a Inverted Head & Shoulders.
Following the H&S we say a Bullish Elliott's Wave into a triple top in which we've been in the sell off-phase. As you see we are approaching the 200 EMA also the Oversold Indicator on the RSI chart. This why why I believe we will continue to see an uptrend play out as we move into Friday morning.
TEL ready for a take off. The MACD is positive, the Bollinger Bands are tight, and RSI is healthy. I would like to see the volume increase over 22M day over day in order to confirm the breakout. For now I'm remaining cautious and looking to see if the V3 release is nigh. The Balancer automated market maker may be the hint that we are extremely close. Remain cautious for a release, but we may pull back following BTC which would be healthy. $TEL