TLM possible Outcome

THE Cup and Handle setup is still active even with the BTC dump. If you're entering around this area, and the price keeps dipping make sure to have stop losses active at all time or you could DCA the cost of your coin as the price goes down. In my opinion, the price could dip a little more, and if it does, then it will definitely be a buy.

The NFT marketplace is coming up soon to Binance on June, which could also provide better accessibility to NFTs to Binance users. This could also bring up the price for coins such as Alice, TLM, and BNB.

Not a financial advisor. Do your own research. This is just and Idea.

Note

Price seems to show recovery, however, I think it will be better to wait and trade the new week. Be patient, and do chase prices.

Note

Edit to previous comment: "Do not chase prices"

UPDATE:
In my opinion, TLM is in a great buying area, the support at 0.33 seems to be holding very well. I believe the price will continue to move sideways for a couple of days, but markets are always unpredictable, the price could still go down. In the case that it goes down, don't panic and HODL. DCA your positions, and don't overleverage. If you don't feel like DCAing your positions, then make sure to use stop losses.

Bitcoin's dominance over ALTs is decreasing, which could essentially bring ATL season very soon.

Trade active

Entered a small position in the ultra buy zone, the BTC dump is expected to bounce at the support 42K. TLM support at 0.33 is holding quite well. If you buy around this area, make sure to use stop losses or HODL. No need to leverage

SaturnoPMA

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.

SaturnoPMA