TOMOBTC Support and Resistance Set-up After Triangle Broke

Hey all, here’s another entry on my tradingview series called 'Quick Updates'.

After the triangle broke on the left, I expected a stronger downturn. However, the price stayed relatively stable and is now oscillating between support and resistance looking for a new direction. During these moments of oscillation, we can get a few good trades in. On the chart you can find my suggestion.


--- What is The Quick Update Series All About? ---
I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.

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- Trading Guru

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!