Long
TOMOUSDT Hammer Signal
Hello, dear subscribers!
Our Automatic Intraday Hammer Strategy revealed the potential trend reverse in TOMOUSDT price movement from the downtrend to uptrend.
Technical analysis confirmed this assumption. We can notice that the price is in the upward trend channel. Now price is on the support level, there is a high probability of the bounce off it. The Accumulation/Distribution Indicator demonstrates the weak bullish divergence: the price was in the downtrend, while the A/D value was almost at the same level. The final point of this analysis is that Stoch RSI indicates the oversold TOMO zone.
We expect the 4.5% price growth from 0.7318 to 0.7647. The alert was automatically executed by SkyRock Signals trading bot.
Our Automatic Intraday Hammer Strategy revealed the potential trend reverse in TOMOUSDT price movement from the downtrend to uptrend.
Technical analysis confirmed this assumption. We can notice that the price is in the upward trend channel. Now price is on the support level, there is a high probability of the bounce off it. The Accumulation/Distribution Indicator demonstrates the weak bullish divergence: the price was in the downtrend, while the A/D value was almost at the same level. The final point of this analysis is that Stoch RSI indicates the oversold TOMO zone.
We expect the 4.5% price growth from 0.7318 to 0.7647. The alert was automatically executed by SkyRock Signals trading bot.
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Trade smarter with:
skyrexio.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.