TLMUSDT DOUBLE BOTTOM
Updated
Tlm is about to welcome bulls again with a double bottom pattern on 2hr timeframe. Uptrend is probable at the current point of the ascending channel, entries can be taken at the higher low of the channel and exit at the higher high in the event it gets rejected. Long position can be continued if we see a breakout at the ascending trend line of the rising channel.
All info on prices at entry and exit zones have been provided on chart. Observe well before taking position.
Entry point - $0.284 - $0.294
Exit Point - $0.39 - $0.44 (50% profit)
Stop Loss - $0.26 (8% risk)
Your likes and opinions would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates.
All info on prices at entry and exit zones have been provided on chart. Observe well before taking position.
Entry point - $0.284 - $0.294
Exit Point - $0.39 - $0.44 (50% profit)
Stop Loss - $0.26 (8% risk)
Your likes and opinions would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates.
Trade closed: stop reached
Sincere apologies for the late update. Tlm breakdown was due to fall in btc and a strong reversal is expected on tlm soon. Checkout for my new update on TLM on my page.
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