TLM ❤️ Still good to enter! Here's why | Ichimoku SPOT Trade
Hey guys!
Hope you are well! Here's my idea for this coin. TLM is still in a tight range, if you take a look at the bigger picture in the MONTHLY chart we can see this is clearly stuck in a box. So even though Market has been on a frenzy lately with memes coins blowing up, this coin hasn't kicked off at all. Didn't even break the range. HOWEVER, this makes it very attractive for those who missed other trains and are looking for a good coin that's trustworthy and that will pay off the hold.
Per my strategy, here's how I manage buy zones:
1) I need to confirm the range and buying the lowest area of the range which was at about 0.011 -0.015 for this case.
2) We get a 1,2,3 move indicated a shift towards the upside and ideally testing resistance. If we get a reaction or even a retracement back to range, that's our cue to spot and enter the trade.
3) LATE but not least, we get a breakout of the range and go long on the breakout candle OR wait for a retracement to the box if you want to play conservative way.
As per targets, what market gives as long as it keeps trading above the cloud. As simple as that.
GL, all the best.
Kina, The Girly Trader❤️
Hope you are well! Here's my idea for this coin. TLM is still in a tight range, if you take a look at the bigger picture in the MONTHLY chart we can see this is clearly stuck in a box. So even though Market has been on a frenzy lately with memes coins blowing up, this coin hasn't kicked off at all. Didn't even break the range. HOWEVER, this makes it very attractive for those who missed other trains and are looking for a good coin that's trustworthy and that will pay off the hold.
Per my strategy, here's how I manage buy zones:
1) I need to confirm the range and buying the lowest area of the range which was at about 0.011 -0.015 for this case.
2) We get a 1,2,3 move indicated a shift towards the upside and ideally testing resistance. If we get a reaction or even a retracement back to range, that's our cue to spot and enter the trade.
3) LATE but not least, we get a breakout of the range and go long on the breakout candle OR wait for a retracement to the box if you want to play conservative way.
As per targets, what market gives as long as it keeps trading above the cloud. As simple as that.
GL, all the best.
Kina, The Girly Trader❤️
Comment:
So far is looking great! Pay attention to the cues to hop into the trend before entering. Please read the original post where I explain the exact steps to follow in order to get in and be at the best position before it's too late.
Comment:
Still good to enter!
Comment:
We are still on the ranging zone. Still good to enter for the long term
Comment:
Still stuck in the range, possible bottom formation, stay sharp