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Pearl-A
Sep 1, 2021 4:50 PM

TLMUSDT CONSOLIDATION ZONE Long

TLM / TetherUSBinance

Description

Tlm has been in consolidation zone for a month with a fake breakout that happened in the past few days, and now tlm broke down inside the zone to retest previous resistance which are now acting as support. At the moment,it has retested and price is making an uptrend reversal to break the key resistance level and then to the specified price target. If price fails to break the key resistance level then tlm could breakdown to the key support level. All details and price info have been provided on chart.
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Comments
umark1715
i took entery at 0,38. I know it was a mistake. Kindly tell what should be my take profit position considering pump in eth and btc?
Pearl-A
@umark1715 the best advice i can give is hodl and you can take profits at either 0.4 or 0.46 which are the possible target in short term and in the event tlm breaks the decending channel then tlm will reach a high above the short term tps. All price targets have been listed on chart
maradona500000
@Pearl-A What do you think of the TLM situation so far, it has not been able to break through the 0.35 level, is this a bearish or a bullish sign?
Digital1987_
Thank you for this! What's the entry 0.33?
Pearl-A
@Digital1987_ welcome, you can take an entry btw $0.33 - $0.334
Digital1987_
@Pearl-A, Thank you!
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