With the recent correction, and "flash crash" **cough** timed manipulation tactic by whales that sank prices recently.
TEL is still on pace to reach $1.
Within this new Andrews' Pitchfork Model
TEL would need to end up in that top area of blue upper channel to reach a price range of $1.50+
Which is my opinion isn't possible, but what i do think will happen is that it will breach the bottom of that blue upper channel which is $1-1.10
TEL has been consolidating for such a long time that i think it blows past the previous ATH and doesn't look back.
The worse case scenario for
TEL in this new model, is that the price action ends up in the blue lower channel
(which i believe is highly unlikely imo), and
TEL is sitting around $.10-.20 by the end of this bull run. Which i think
ends in sometime in the middle of DEC based on history.
What is more than likely to happen by the middle of dec is that
TEL ends up in the median green (bottom or top), or just breach the upper blue channel.
This means
TEL by the end of this bull run could s still sit around a price range of $.60 - $1. 10
Overall, There is nothing to worry about when it comes to $Tel. It's One of the Healthiest chart's I've seen, Trust me it will perform!
TEL is bound to make a run, and when it runs there's no looking back!
Within this new Andrews' Pitchfork Model
Which is my opinion isn't possible, but what i do think will happen is that it will breach the bottom of that blue upper channel which is $1-1.10
The worse case scenario for
(which i believe is highly unlikely imo), and
ends in sometime in the middle of DEC based on history.
What is more than likely to happen by the middle of dec is that
This means
Overall, There is nothing to worry about when it comes to $Tel. It's One of the Healthiest chart's I've seen, Trust me it will perform!
Nota
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.