TOMO/BTC Long
TomoChain looks ripe for movement upwards
as it is printing a beauteous Inverse Head
and Shoulders (iH&S) on the BTC pair:
-The Fibonacci Retracement tool has the 0.236
area acting as a great neckline for the iH&S
-The head to neckline price disparity of the
iH&S of .00002770 sats has our price target
after confirmed neck-line breakout at .0007504 sats
-However it would seem reasonable to expect
the price to even reach the .5 Fib retracement
line priced at .00007833 before meeting
stronger resistance
Moving Averages:
-The MA30 needs to confirm cross above the
EMA100 to add conviction to this as well
-Price closing above the MA30 while above
the EMA100 as well would add even
stronger belief that this price target will be
reached
-Bigger volume kicked in yesterday which is
expected to continue and add more confluence
for a belief toward upward movement
as it is printing a beauteous Inverse Head
and Shoulders (iH&S) on the BTC pair:
-The Fibonacci Retracement tool has the 0.236
area acting as a great neckline for the iH&S
-The head to neckline price disparity of the
iH&S of .00002770 sats has our price target
after confirmed neck-line breakout at .0007504 sats
-However it would seem reasonable to expect
the price to even reach the .5 Fib retracement
line priced at .00007833 before meeting
stronger resistance
Moving Averages:
-The MA30 needs to confirm cross above the
EMA100 to add conviction to this as well
-Price closing above the MA30 while above
the EMA100 as well would add even
stronger belief that this price target will be
reached
-Bigger volume kicked in yesterday which is
expected to continue and add more confluence
for a belief toward upward movement
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