TLMUSDT - Broke out the line and already retested it
BYBIT:TLMUSDT
1H trend chart
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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
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
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