After the long price correction that has been done, we expect higher prices in this area.
what is your opinion?
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A Trading Signal is seen in the TLMUSDT Alien Worlds
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️ Buy on downtrend breakout or Buy on 0.196
⭕️ SL : close below 0.186
🔵TP1 @ 0.280
🔵TP2 @ 0.350
🔵TP3 @ 0.486
TLM was making really nice gains until the recent drop in the market. Now we are at a point where we can either make a bullish recovery or carry on with this bearish move back down to one of the previous structure levels.
The price to watch is the 0.24 level. If we come back above that level strong, we can see a bullish recovery take place.
On a daily time frame, TLM was making a good cup and handle pattern. Unfortunately, due to market dump, it broke downwards and met the target of 0.18.
Now it is making an ascending triangle. If it breaks to the upward and closes above 0.25 and retest it on a daily time frame then it will march towards higher targets and I will update you guys further.
💎 TLMUSDT on H4 has formed a symmetric triangle and has broken above the resistance. We see several rejections from the Support line. We expect that the price goes down for a pullback before it continues to go higher.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.1960
A potential TLM deal.
Potential target marked above
Buy after a breakout or retest of the $0.35 level as support.
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Not much to say here other than this being an easy target. Pretty simple trade which benefits from the NFT boom. Looking very clean and strong after this consolidation and this breakout could lead into something pretty big.