TLMUSDT trade ideas
TLMUSDT Descending Triangle | Bullish Break & Retest DoneTLMUSDT Descending Triangle | Bullish Break & Retest Done | 96% Move Ahead
NOTE: Do your own analysis. Do proper risk and money management. Spot Trading Only.
Entry: 0.3161
TP1: 0.3739
TP2: 0.4334
TP3: 0.5104
TP4: 0.6200
SL: 0.2520
ROI: 90% - 96%
Risk: 20%
This is a high-risk trade so if you don't know how to trade or how to secure your money or your running profits, do not enter into trade. I will not be responsible for the loss.
TLM at the edge of the triangle, will potentially shoot up soonOn a higher TF, TLM is moving in a symmetrical triangle, with all pressure residing towards the upper channel. This is a sign that it has higher probability of breaking up soon.
From past few days it has found strong support at 0.25 zone and it might test same zone again, which could be our potential entry point for going LONG.
I have highlighted the are which is best for going long.
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Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
TLMUSDT - BULLISH SIGNAL UPDATEAs you all know, TLM is not performing well from last 2 months and according to the Chart patterns, Ascending Channel is formed and also indicators giving bullish signal.
Short term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
RISK FACTORS:
Market/BTC CRASH
Happy Trading :)
Good Luck!
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#TLMUSDT 8H chart
Price is ranging in a descending triangle pattern. Price rejected its resistance line and now it is heading down. RSI and EMA ribbon are not showing clear indications but MACD lines just crossed and is now bearish. Overall we also need to wait for the breakout in order to consider entering a position.
TLMUSDT IN A RISING WEDGETlm is following a rising wedge pattern to the lower high of the descending channel. A big price movement is expected from the higher low of the rising wedge to the specified targets.
Entry point - $0.275 - $0.289
Price Targets - $0.365 - $0.45 - $0.57
Stop Loss -$0.245
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TLM > Parallel Channel & Trendline Breakout > BullRun Confirmed!Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of TLM.
According to my technical analysis, TLM is moving in a parallel channel . Now, we are expecting a rise till next resistance.
As for Confirmation, We can see a breakout from trendline resistance.
"My analysis is valid until We don't see a breakout from channel"
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.