#TELCOIN HACK :- Looks like there was a security breach on Telcoin wallet NYSE:TEL 3 Billion #Telcoin being sent out on Polygon. Continuing to look into this stayed tuned Price Impact: -65% down in couple of Hours TELCOIN Hack Address: 0x35d2775e5F95596509951B140D68FC5B9185FF98
$TEL fakeout on 1D, almost tapped $0.002734 resistance. $0.002335 support came in effect and held, $0.002496 resisting as of now, support at $0.002409 remains untested. 1D closed ugly, #Bitcoin push necessary, $0.002335 could be tested if bearish close played out
$TEL stumbled below $0.002409 support area, currently struggling to regain it as support. Last 4H close looking good. $0.002496 initial resistance. $0.002335 current support.
$TEL $0.002156 support in effect, broke $0.002256. Bearish engulfing on last 4H close same as #Bitcoin, 1D close from yesterday looks good but current 1D putting bearish engulfing on it as of now, needs to close above $0.002280 to avoid bearish engulfing which is looking unlikely
$TEL $0.001670 support tested as expected and currently holding after a dip to $0.001619. Supports to watch $0.001619, $0.001543, $0.001509, $0.001459-$0.001429, $0.001375-$0.001336. All of these levels can be used to DCA your bag.
$TEL Like most alts moving very similar to #Bitcoin, But recent progress before drop gave some strength to keep support above $0.0015. Current support at $0.001706, $0.001775 resisting. Market sentiment & #BTC remains key here.
$TEL is on 🔥🔥🔥🔥, $0.001706 resistance in effect here. $0.001619 support looking good. Last 2 4H close not so good. If current 1D closes below $0.001641 expect $0.001589-$0.001619 support to be tested.
$TEL $0.001375 support looking good, $0.001429 resistance in effect, Last 4H close with bearish engulfing, more 3H left on current 4H candle. Current 4H close will determine if it will reattempt on $0.001429. 1D close good. #Bitcoin's influence is there as expected.
$TEL Put crazy wick tapping $0.001347 yesterday, $0.001287 key support acting as key resistance as of now as expected. $0.001250 support holding, 1D close very bearish yesterday. Requires a breakout here and take $0.001300 support or it will retrace to lows.
$TEL $0.001479-$0.001459 resisted the last climb, $0.001287 key support in effect currently. Failed to follow up the bullish engulfing on last 1D close due to #Bitcoin drop. Continue watching given s/r areas.
$TEL Taking weekend test at $0.001250-$0.001287 area. 1D close yesterday with bearish pin. $0.001300 initial resistance here. Currently 1W not looking good, will follow thru bearish close to last week's bearish pin close.
$TEL As expected closely following #Bitcoin like most alts, Dropped to $0.001325 support with $BTC's drop. Heavy bearish on current 4H candle with only 15 mins left to close. Bearish engulfing on 1D same as $BTC current 1D following up. Breaking further below will bring $0.001287
$TEL $0.001459 support came in effect following $BTC drop, $0.001509 resisting as of now. Range of $0.001429-$0.001589 should be maintained until $BTC actually pumps considering last daily close as long as $BTC hold $19-20K areas.
$TEL at $0.001509 support, $0.001619 initial resistance from here. Key resistance at $0.001706, $0.001429 support will come in effect if broke current support. Holding above key $0.001287 key support/breakout resistance from Jan '21.
If Tel repeats the last pump, we see it t $0.21 by Dec.
Still some way to go, CMP is good to load up some TEL for a ride later on