TomoChain (TOMO) Bullish Breakout, Next Target Mapped!

4 Jan 2021

Today we are having a very clear bullish breakout for TOMOBTC, the daily candle closes in less than 2 hours.

Prices are now above EMA21 and EMA10.
The trading volume is the highest in multiple months.
The RSI made a strong jump and we already know that Bitcoin is consolidating, maybe even preparing to retrace, giving the altcoins a chance to grow.

Here I mapped multiple targets based on EMA200, EMA300, and MA200.

This is where prices will stop next if EMA50 can be conquered.

The blue dashed line at the bottom would be the next support or stop-loss. We use a full candle close below this line as stop-loss, touching it is not enough to close a trade.

This is not financial advice.

Wishing you great success.

Namaste.