- May 12, 2023
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
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.