Telcoin Short Term Analysis

1 de jan.

TEL CHART Part 2

Short Term Analysis

TEL Hourly Price Action Today

Volume has seen a minor increase.
100MA is still pointing down which indicates a downtrend.

The price has broken above the 100MA which is super bullish. That happened to XRP yesterday and I called it’s 8% breakout to $2.31. It is highly likely that will happen to TEL. #Telcoin needs to take the $0.0063 Resistance and flip it back to support.

The BEAR Scenario would be coming close to the $0.0045 triangle bottom support. When looking at the Bitcoin Liquidation Heatmap on Coinglass we can see that BTC has liquidity down at 93.3k down to 92k. This is important because that would be the BEAR scenario for #Telcoin right now.

However. Bitcoin has much more liquidity at 96k so based on the market sentiment and end of the holidays, I believe we will go to 96k to eat up the leverage short liquidity. This will continue Telcoin’s momentum on the breakout to the upside.

That may happen if #BITCOIN

50MA has turned slightly bullish. If this continues over the next 12 hours we will see a bullish Golden Cross between the 100MA and the 50MA.

1️⃣Aroon Indicator: Determines if in trend or consolidation. Hourly - 🟩Strong Uptrend

2️⃣50/100 Day Moving Average Cross: Signals sustained trend strength and support.
Hourly - 🟩Break Above 100 MA is bullish, 50 MA is clawing its way towards Golden Cross

3️⃣On Balance Volume (OBV) Tracks buying/selling pressure accumulation.
Hourly - 🟩FLIPPED BULLISH

4️⃣Supertrend Indicator: Provides clear buy/sell signals.
Hourly - 🟩BUY Recommendation 5 hours ago

5️⃣Larry Williams VIX FIX Market Bottom Indicator: Identifies potential reversal points.
Hourly - 🟩Said the bottom was 12 hours ago

6️⃣Relative Strength Index (RSI): Highlights overbought/oversold conditions.
Hourly - 🟩OVERBOUGHT

7️⃣Average Directional Index (ADX): Measures the strength of the trend.
Hourly - 🟩STRONG UPTREND

8️⃣MACD: Helps identify trends and momentum
Hourly - 🟩STRONG BULLISH

My Jan #Telcoin Target is $0.03
My late 2025 TEL target is $0.55