롱
TOMO/USDT : Possibility for pullback from current level

$BINANCE:TOMOUSDT
Hello everyone 😃
TOMO is moving into an ascending channel.
Now it's into a support zone which is located near channel's lower !
We expect a retest on channel's lower line, Then there will be a chance for TOMO to pullback.
🔴 Volatility is at sell limit zone but on higher timeframes, It's having a bearish crossover, So it's not safe to take long without confirmation..
Wait for confirmed pullback.
📌 Also there is a resistance trendline, Which is forming a rising wedge with channel's lower line !
It can become a short-term resistance and majority for rising wedge is bearish, So we will play safe take our profits at rising wedge higher line ( resistance trendline ).
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
Helical_Trades
Hello everyone 😃
TOMO is moving into an ascending channel.
Now it's into a support zone which is located near channel's lower !
We expect a retest on channel's lower line, Then there will be a chance for TOMO to pullback.
🔴 Volatility is at sell limit zone but on higher timeframes, It's having a bearish crossover, So it's not safe to take long without confirmation..
Wait for confirmed pullback.
📌 Also there is a resistance trendline, Which is forming a rising wedge with channel's lower line !
It can become a short-term resistance and majority for rising wedge is bearish, So we will play safe take our profits at rising wedge higher line ( resistance trendline ).
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
Helical_Trades
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.