amosjohndomingo

Trillium: TLMUSDTPERP Long Setup

Long
BINANCE:TLMUSDT.P   TLM / TetherUS PERPETUAL CONTRACT
Hello,

In this chart,

I entered at the 0.382 fib level.

Looking at the macd indicator it is indicating a strong buy signal. Perhaps we can see a new swing high and really penetrate the resistance.

What are your thoughts?

The probable risk reward ratio here is 1:2 to 1:3.

Thanks!

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.