TLMUSDT
💥TLM - TO RISE BY 15% - 70% TO $0.23 & $0.34Please support this idea with a LIKE👍 if you find it useful🥳
Buy level - $0.1950 - $0.21
Stop loss - $0.1820
Take profit 1 - $0.23
Take profit 2 - $0.28
Take profit 3 - $0.34
Right here is a falling wedge breakout. We have three credible support zones and two resistance zones.
With the breakout from the support horizontal line, i expect price to rise to the respective take profit at $0.23, $0.28 & $0.34.
What do you think?
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TLM USDTThe harmonic pattern seems to be complete. The retracement level will be the old supply zone corresponding to the 1,13 and 1.27 fibonacci level.
I don't think it will go below that. Even if it goes down, it wouldn't make sense to sell anything here. Loss correction can be made by adding sub-regions.
but for this, first of all, it is necessary to see if the line I drew with the red line will be broken.
While the CMF indicator is 0.17 above zero, if the trend of the cmf indicator suggests that it will continue down, some amount can be sold to buy back from below. (for 4H time period)
This was a pessimistic picture. Now let's look at it from an optimistic perspective.
While it is above the red line, which corresponds to 0.618 in the 4-hour time frame, if it does test the 0.382 fibonacci level in the daily time frame and stay there, it will turn up again and start a new trend.
It should look like this.
If this happens, the Inverse Head and Shoulders pattern will appear.
To understand this ahead of time, the right shoulder volume candles should continue to shrink as I show in the chart below.
Again, in this chart, you can see the targets that could be possible if the scenario we predict happens.
Shoulder height will be completed first. This is target 1.
A cup pattern should appear when Head and Shoulders is completely finished. It has to retreat from here and go up to handle height. this is target 2
It should then reach the cup depth. This is goal 3
If we have not made any mistakes in this simulation, this image will emerge.
Both Inverse Head and Shoulders pattern, cup pattern and Fibonacci levels show full compatibility with each other.
By following the indicator values, it can be predicted whether this will happen or not.
But it should be wiser to act as if the scenario I first described will happen.
Because sometimes not losing is winning.
Note: not investment advice.
TLM making Bullish cup and handle on 1DCurrently TLM trading on the levels of $0.15 it still under accumulation zone ! the area of accumulation is from $0.16 to $0.12 .
with the hype of Metaverse this can be the blue chip ! am expecting the target of $0.8 levels
Ps:_ NFA this is just my observation on charts
TLM - time for pullback 😲🤔The TLM has corrected by almost 40% in a few days, which is quite a big drop, now it is very likely that there will be a pullback. That's a good reason to look for long trades. On the chart, we see a trend line. The price has broken through it and may now test it as support, which would be a good signal for growth.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
TLM USDT analysisOn a daily time frame, TLM was making a good cup and handle pattern. Unfortunately, due to market dump, it broke downwards and met the target of 0.18.
Now it is making an ascending triangle. If it breaks to the upward and closes above 0.25 and retest it on a daily time frame then it will march towards higher targets and I will update you guys further.
TLM - Decision Time...TLM was making really nice gains until the recent drop in the market. Now we are at a point where we can either make a bullish recovery or carry on with this bearish move back down to one of the previous structure levels.
The price to watch is the 0.24 level. If we come back above that level strong, we can see a bullish recovery take place.
TLMUSDT Technical Analysis
⏳ Spot
💎 TLMUSDT on H4 has formed a symmetric triangle and has broken above the resistance. We see several rejections from the Support line. We expect that the price goes down for a pullback before it continues to go higher.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.1960
☕️ TP1 0.2415
🍺 TP2 0.2550
🍻 TP3 0.2700
🍾 TP4 0.2940
🍷 TP5 0.3245
🍸 TP6 0.3500
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 0.1860
Good Luck 🎲
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