TLMUSDT long-term forecast from wunderbit.
Globally strong level
Absence of volumes above the 0.3 level
Horizontal triangle
Strong contraction to the level in the form of an ascending triangle.
In case of breakdown of the 0.3 level and consolidation above it, expectation of a strong and fast upward movement. Since the volume profile above the level is empty and there is no resistance.
The goal for working out the triangle. (2 vertical yellow lines)
Globally strong level
Absence of volumes above the 0.3 level
Horizontal triangle
Strong contraction to the level in the form of an ascending triangle.
In case of breakdown of the 0.3 level and consolidation above it, expectation of a strong and fast upward movement. Since the volume profile above the level is empty and there is no resistance.
The goal for working out the triangle. (2 vertical yellow lines)