Long

TOMOUSDT Hammer Signal

Hello, dear subscribers!
Our Autmatic 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 rebounce. 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.
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCCryptocurrencyTechnical IndicatorsmoneyswingtradingTOMOUSDTtradingTrend Analysisusdt

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