TokenClub (TCT) formed bullish BAT for upto 31% pumpHi dear friends, hope you are well and welcome to the new update on TokenClub (TCT).
On a 4-hr time frame, TCT has formed bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Tctbitcoin
TCT TOKENCLUB Weekly bullish TOKEN TCTBTC TCTETH TCTUSD TCTUSDT TCT TOKENCLUB Weekly bullish TOKEN TCTBTC TCTETH TCTUSD TCTUSDT
TCT/BTC (Found Temporary Support)💎Technical Analysis Summary💎
BINANCE: TCTBTC
-TCT found support at the previous daily swing low last May 2020
-This is good in the short term in terms of the sign of strength
-But this small bounce up is still not enough
-We need to see more bullish price action
-Like a pullback to double retest the key support area
-And break its immediate resistance around 64s sat
-I expect TCT to consolidate for the next few days
-So I suggest waiting for the pattern to develop
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TCT/BTC (Test the 200D MA?)💎Technical Analysis Summary💎
BINANCE: TCTBTC
-TCT is on a strong downtrend after the blow-off top at 340 sat
-Its value has declined by -73% and keeps creating lower Highs
-If you are looking for a bounce play idea
-The next key area to be watching is around 80 sat range
-This zone is a strong confluence of previous support and resistance
-Plus the 200D dynamic support coincide within
-The probability we can see a Bullish reaction is high
-But please don't try to jump in without a trading plan
-Always follow correct trade size risk management
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Not Financial Advice
Please Exercise Risk Management
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TCT/BTC (Pullback To Key Area?)TCT/BTC
-The price is unable to break the trendline resistance
-At around 85 sat area or higher
-If TCT will pullback at a key area
-The level needs to be watching is around 68 sat
-This is a confluence of two previous support
-If that level will hold and bounce up
-Chances of breaking the trendline resistance will increase
-As we all know, the more time the area is tested
-The more likely it will break in the future
-My upside potential target is up to 105 sat or higher
-Bearish side, a daily close below 65 sat will lead to longer accumulation
#TCT/BTC (June 05)TCT is making an adjustment to 80sts and then will make a new pump to 110-120sts in mid June
If 80sts can't stop the adjustment, we should wait at 65-70sts
Just need to remember one thing, 92sts is not the peak of this wave. I would be higher
