Abtin00

TLMUSDT, Trend line support is missing

Short
BINANCE:TLMUSDT   TLM / TetherUS
Hello everybody

Accroding to the chart you can see, the price is not support around the area of trendline support line and its broke that and we expect the price drop more toward the support zone that we shown (Yellow box) then after we see the sign of the supporting price and ... we take buy one step and if the drops is more we can buy another step on another support zone area tu reduce average purchase

Until the key point is not break down we expect the price can move upwards but because of broke trendline support it can break the key point level to down

Dont forget use money management and use stop loss if want to take sell position

If you have any question just send us messages

Good Luck
Abtin

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.