PolarHusk

TOMO/BTC TA Update (Retest Swing High? Confirmed Bull Flag?)

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BINANCE:TOMOBTC   None
TOMO/BTC

TOMO broke bullish with this bull flag pattern, and it is ready to retest the swing high at 10917 sats. The RSI is already too extend above the overbought condition for quite some time and it is starting to paint a bearish sign or uptrend weakness. My immediate target to the upside is the swing high and I'll be very cautious at this point since everything could drop instantly. Moving your stop-loss at BE as soon as your initial target is hit to reduce the risk and protect your profit riding the wave up.

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