Telcoin
TELUSDT 📞 on the Hourly UPDATE*NOT FINANCIAL ADVICE: DYOR - This idea is IMO personal use only*
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An update from my last chart dated 25th May:
Excellent news announced a few hours ago on the passing of Nebraska Bill, meaning that a cryptocurrency & digital asset bank framework now signed into law.
We saw that breakout from recent parallel channel of the past week.
New lines presented now after doing some quick Fibonacci retracements + confluence analysis.
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 a 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 #53 on coinmarketcap which is up 10 places since my last chart.
As always, watch for volume. Do your own research. This is not Financial Advice. Always be watching BTC, as we just saw with the impacts of the recent pullback.
Good chat.🤖
My previous chart 25 May:
My previous chart 5 May:
My previous chart 14 April:
TELUSDT 📞 on the Daily UPDATE*NOT FINANCIAL ADVICE: DYOR - This idea is IMO personal use only*
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An update from my last chart dated 5th May:
TEL still continues to be a strong HOLD strategy and Trade opp for me and loading up more TEL at any chance I get.
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 with the Nebraska Legislature to create a crypto & digital asset bank framework signed into law.
🔹 Solid roadmap for the rest of this year 2021
At the time of charting this, TEL ranks at #63 on coinmarketcap with an increased market cap of circa 7%.
As always, watch for volume. Do your own research. This is not Financial Advice. Always be watching BTC, as we just saw with the impacts of the recent pullback.
Good chat.🤖
My previous chart 5 May:
My previous chart 14 April:
Telcoin BullflagIn my opinion - Once bitcoin comes back alive (and the whole market with it), this bull flag could play out to a break to somewhere around 0.11
With the exception of that massive market crash on May 19th, we are getting almost perfect border touches.
What do you think? Is Telcoin strong enough to break from this flag a get that 0.1$ milestone?
TEL - Potential Head and Shoulders? This potential shoulder has not come down to the neckline enough for a break below.
This box here shows the support of the buyers.
H&S is normally a strong reversal pattern to the downside. But I can't see this happening to be honest.
Tuesday should give us some good price moving news.
If the Bill is not passed I could see the head and shoulders pattern come into effect and a move to the downside. But for now assume sideways consolidation.
I am very long on Telcoin.
It's an insanely promising project.
$BAX >TEL Half the supply of $TEL Great fundamentals Just sayingThis is my prediction of a very bullish scenario, but not improbable. When TEL blew up people started to realize that the silent KuCoin listing of BAX\USDT pair means this company is intentional. I have higher expectations in BAX than TEL given the circulating supply and fundamentals. Given the market cap, insane crypto bull market, Excessive money printing, and circulating supply of this coin, I believe it will explode. Their application actually functions and they've been around since 2018. This coin a GEM. Period. It's a risk not to own in my opinion.