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TLM / TetherUS

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TLM is trying to breakup the important resistanceAccording to 3D chart TLM broke the wedge recently and have a strong buyers, who are pushing the price up these days at resistance level. In my perception two scenarios might happen: 1- Price squeeze up at resistance level and after breakup retest it as support level. 2- Rejection from this level, have a correction and a few days later try to break the resistance. I believe in first idea and the trend shows it can break it up easily. It's the beginning of very strong bullish. TLM will touch the $1 soon. -------------------------------------------------------------------------------------- P.S. This is not an advice to buy or sell, that's just an analysis that needs to considered too. Always make your analysis before a trade.
by farzinfaddy
TLMUSDT Local S/R| .618 Fibonacci| Price Action| Trend Evening traders, Today’s analysis – TLMUSDT – trading towards a key level of support where a bounce is probable, Points to consider, - Price Action Corrective - Local S/R Support (.618 Fibonacci Confluence ) - Swing High Objective - Low Volume TLMUSDT’s immediate price action is corrective and is trading towards a technical trade location that has confluence with the Local S/R and the .618 Fibonacci, allowing for a long bias. The swing high is the immediate objective, exceeding this level will lead to a trend continuation. The current volume profile is below average, an influx will be indicative of the next expansion. Overall, in my opinion, TLMUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, ‘’No one strategy is correct all the time’’.- John Paulson
Long
by The_Alchemist_Trader_
TLMUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the 4-hour time frame. As you can see the price has gone below the first support line and now is trying to break that support line which is the resistance line now. If the price is able to break the resistance line and stabilize there, it can continue moving to the next resistance and have a good rise. We can draw a head-and-shoulder pattern here and if the price is able to move up to price 0.3114, the head-and-shoulder pattern will be completed and it will fall again. But if it is not able to break its first resistance line and stabilize there, we can expect a pullback and more falling for this currency. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals