- May 12, 2023
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
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TomiNet (TOMIUSD) is trading within a Channel Up pattern since the start of February and right now has almost done a Double Top on the Higher Highs trend-line. On the previous two occasions this has resulted in a pull-back marginally below the Channel’s middle (dotted trend-line).
As long as the 1D MA50 (blue trend-line) is holding, we will buy the pull-back and target the recent High (Resistance) at 5.50000.
Tradingview link:
https://www.tradingview.com/chart/TOMIUSD/vF75au5X-TOMIUSD-Buy-the-pull-back-on-full-display