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
Telcoin
TEL - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
TEL is sitting around a strong demand zone in green so we will be looking for buy setups.
Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?
on M30: TEL is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, TEL would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Telcoin (TEL) having a hard timeFantastic potential in the long and medium-term,
but the short-term TA is neutral. It is still pulling back after a 35,000% rally between January and May.
If this keeps going I will need to lower my medium-term channel line.
I'm bullish on TEL but right now the sentiment is neutral if not bearish. The team needs to get their V3 app released to fix the sentiment.
Bullish in the long term
Neutral in the short term
Telcoin - TEL - If Telcoin touches 1 cent again...Telcoin - TEL - If Telcoin touches 1 cents again, I ain't saying nothing. last time it move from 1 cent to 1.5 cents for a 50% gain. We expect big price targets for TEL. How cheap can it get? Some are loading up on this like others loaded up on DOGE. This coin has a real world use case. Short term, you may want to double up/triple up an account. Long term, this is a HODL play. Technically speaking 100,000 coins at 1 cent will have a value of $100,000 if coin goes to $1 longterm. Mind blowing if price went to $10 (1 Million value) or $100 (10 Million value). This is the value in HODLing Crypto. This is why Billionaire are HOLDing crypto over the dollar. The dollar will not appreciate like this. Welcome to the future of value. It doesn't have to be this coin(you could be interested in BTC, ETH or XRP), but we have to ask ourselves some serious questions. Do we have the initial investment to set and forget? Will we have patience and HOLD for several months or years? For Edutainment purposes only.
TEL - Potential Bearish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
TEL is sitting around a strong demand zone in green so we will be looking for buy setups.
Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?
on H4: TEL is forming a channel in red but our upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, TEL would be overall bearish can still trade lower till around the 0.005 before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Telcoin - Hit lower level of support near 1 Cent - Bargain?Telcoin - Hit lower level of support near 1 Cent - Bargain? This is a HODL play. Accumulating coins is the name of the game. If Bitcoin and other cryptos break out, this could be the catalyst for Telcoin to rise. How low does the price have to be for everyone to see the value? 1 cent is pretty low. sub-penny? We will see?
Telcoin- BuyHello,
I previously bought Tel between 0.003 and 0.007 and sold @0.04
Since I sold I have been waiting for Tel to retest that area. over the next coming months I believe we will have tested below $0.01 again and we will be moving sideways.
I have set buy targets between 0.003/0.007 once again for the next cycle. Be prepared to wait a couple of years before any real movement again.
If #BTC can find support around the $20,000 (currently $31,000) I think this cycle could have another leg up towards the end of 2022.
#TEL retest & a Bull Run?Using the Fibonacci Retracement & Bollinger Bands on the 4hr chart. You see we broke out of this wedge pattern & now currently retesting the wedge, we also touched down on the Lower band which may indicate a trend reversal.
Let's see if we can break this next resistance & continue on a climb towards .04 over the weekend.
*Not Financial Advice
TELUSDT 📞 on the 4 Hourly UPDATE*NOT FINANCIAL ADVICE: DYOR - This idea IMO for personal use only*
=========================================================
An update from my last chart dated 26th May:
Have updated chart with:
🔸fibonacci confluence zones,
🔸added 21 EMA, *note we had a few close under this EMA on the daily
🔸added Golden and Death cross indicators
🔸added the ADX / DI indicators.
My strategy is still to buy and hold. I also have some laddered buy orders in place for a lower anticipated dip approx 3rd week June (around 14th - 20), which is indicated with X at $0.02 and $0.015.
Nothing but excellent news all round from TEL this week, in reflection:
TEL V2.3 was launched ✅
Users in Canada can now send digital remittances to 24 mobile currency platforms in 16 countries ✅
Am still extremely bullish on TEL!! Why?
🔹 Already in the top 10 best performing cryptos for 2021 after the crash
🔹 Anticipating further amazing results in the lead-up to the launch of V3
🔹 Increased exposure with recent listings on other exchanges
🔹 Increased publicity and leading the way now the Nebraska Legislature to create crypto & digital asset bank framework is now signed into law.
🔹 Solid roadmap for the rest of this year 2021
At the time of charting this, TEL ranks at #57 on coinmarketcap which is down 4 since my last update.
As always, watch for volume. Do your own research. This is not Financial Advice. Always be watching BTC.
Good chat.🤖
History -
My previous chart 26 May:
My previous chart 25 May:
My previous chart 5 May:
My previous chart 14 April: