Market insights
TLMUSDT - UPDATETLMUSDT UPDATE - Price has broken above the downtrend on the 4H and 1D timeframe as i expected from my previous update and is now making a nice correction to test previous resistance as new support in confluence with the 0.50 fib. My bias remains bullish, what i am waiting to see is a 1hr higher high close back above this area of structure then on the retest we can possibly take this long if our entry rules are satisfied.
Updates On the MarketUpdates on the Crypto Market
You must have noticed the Euphoric Arousal in the Market as Alt Tokens have started moving upwards and Pumping at a speed only seen during Alt Season you may be tempted to FOMO as we have seen some FOMO that paid off and some that will catch your hands to the door panel; Be cautious.
$BTC is at a moment of Decision across this Zone as we have seen sharp pumps and dumps but I prefer to trade across my own zone; Level to Levels, this Level seems to hold and if I’d long I will put my stop loss below the support line. Are we Back in the Bull Run or is this just a Bull Trap? No one can give decisive answers to that and anyone doing so is merely exercising freedom of thoughts and expression as it is evident that the market is currently retail-driven with Big Movers standing on the Sidelines (Of course except the Alameda guys like Sam). Most of the Buy Backs have been Spot hence we may not see any rapid Dump even in case of a retracement; this is usually the case when we have pumps influenced by Derivatives.
$BTC is approaching the 21Days WMA and it calls for caution, if you are Long or Short it is advisable to use Stop Loss, you can start building your Wealth from anywhere - this is better than liquidation. $BTC has also maintained the Upper Part of the Bollinger on the Daily Chart signifying an Upward Trend.
I am Macro Bearish and in my Opinion I need more confirmation before I can conclude that we have started another Bull Run. I maintain this sentiment but I also trade Level to Level simply using Support and Resistance Levels.
TLMUSDT🌟a 95% reduction in price after listing in Binance, is that good or bad for us, if the project keeps upgrading and moves on its great for traders that means the 95% has to be recovered very soon and by soon i mean at least a year but it worth
🌟if we strike another blood bath from BTC this SL will easily touch and the chart will fall even more so that's a fragile coin chart be careful when you invest in it but the reward is enormous
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$TLM- It will Come. PatientJust like a little poke from $btc is awakening all the deaden Alts lying lazily below 200 MA for weeks? TLM will come! Those targets will be hit
You just have to wait for its time.
All this slow moment is for the big things.
Notice the variance during the time of mooning and now? Those volumes need to build and come back up.
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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