TLMUSDT - Broke out the line and already retested it
BYBIT:TLMUSDT
1H trend chart
-
TLM broke out the downtrend line but left a doji before.
Further, it retested the trend line and took it out right now.
If price can keep here w/o wicks top, trading strategy as below.
-
Profit Targets:
a) 0.4145----Optional TP(blue horizontal ray)
b) 0.5363~0.5647----Fib(1.272~1.382)
c) 0.6255----Fib(1.618)
Stop losses:
a)0.3360-----Red horizontal ray
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
1H trend chart
-
TLM broke out the downtrend line but left a doji before.
Further, it retested the trend line and took it out right now.
If price can keep here w/o wicks top, trading strategy as below.
-
Profit Targets:
a) 0.4145----Optional TP(blue horizontal ray)
b) 0.5363~0.5647----Fib(1.272~1.382)
c) 0.6255----Fib(1.618)
Stop losses:
a)0.3360-----Red horizontal ray
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
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🌕Discussion group: t.me/rextalkcrypto
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💡Sign up through link
→Join Teaching Group for free!(PM me)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.