Midterm Spot for TOMI/USD // Swing Long for TOMI/USD
It has now on the low liquidity side of the Price Action as it can be seen based on the previous Price Action when
TOMIUSD
first launched. The area now is the last straw/hope for
TOMIUSD
based on Price Action to not make a Lower Low furthermore, so its best to buy in this area, or any dip given below this but does not made any new low, will be best opportunity.
Remember it is midterm for spot, so it will not went wild impulsively just in under 3-4 weeks, patience is virtue.
Take Profit area consist of 2 area:
1. 3.7$ - 4.4$, considered as Safe Play, as it still not yet confirmed any trend shift there because it will still be counted as Lower High. Secure some profit if you want at this area
2. By fibonacci and Elliot Wave Classic, the impulse for the 3rd wave which IMO might happen from now on, will be at the area of 11.2$ - 30.1$, at the exact fib. extension of between 1.618 - 4.618. It will be the area from my POV because oftenly any impulse in 3rd wave of Classic Eliot Wave, that's the extension of 3rd impulse wave might end, but it has such vast area, so you might set an area yourself to Take Profit. Nothing is exact here at trading.
TOMIUSD
first launched. The area now is the last straw/hope for
TOMIUSD
based on Price Action to not make a Lower Low furthermore, so its best to buy in this area, or any dip given below this but does not made any new low, will be best opportunity. Remember it is midterm for spot, so it will not went wild impulsively just in under 3-4 weeks, patience is virtue.
Take Profit area consist of 2 area:
1. 3.7$ - 4.4$, considered as Safe Play, as it still not yet confirmed any trend shift there because it will still be counted as Lower High. Secure some profit if you want at this area
2. By fibonacci and Elliot Wave Classic, the impulse for the 3rd wave which IMO might happen from now on, will be at the area of 11.2$ - 30.1$, at the exact fib. extension of between 1.618 - 4.618. It will be the area from my POV because oftenly any impulse in 3rd wave of Classic Eliot Wave, that's the extension of 3rd impulse wave might end, but it has such vast area, so you might set an area yourself to Take Profit. Nothing is exact here at trading.
Got to last straw of support