Tlmusdt made a price correction to it's new support zone and as usual, we'll see a retest of yesterday's ath before confirmation to continue long position or short. Congrats once again to everyone that took the first trade. All info have listed on chart. Your likes and comments would be much appreciated, you can follow up for more helpful contents.
Trade closed: stop reached:
We are currently at a crucial zone on tlmusdt, the broke down was called in by btcusdt being rejected at its resistance zone. Tlmusdt retested a new key support level at .163 and any attempt to break down again would aggravate tlm's price in both short and long term so If btc can hold the current support, so will tlm too and if if btc starts to rise to the expected target around 34k then tlm should shoot to the moon.
Comment:
Tlmusdt retested the current support zone again at .163. I'm taking a long position here with a SL benaeath, as it'd be a reversal approach with the double bottom formation. Be cognizant this isn't a financial advice as all activities now depends on btc.
