Previous analysis on #TOTAL3 played out pretty well. TOTAL3 touched the first target of 650B and then dumped below the descending mid-term trendline again (because of BTC's dump).
Since TOTAL3 is probably retesting the mentioned trendline as well as the short-term blue trendline, 600B zone is the area we can expect the dump to continue towards lower levels particularly the the recent low of 516B. So Sell strategy is advised.
This analysis is valid only if TOTAL3 doesn't rise above the two trendlines.
Since TOTAL3 is probably retesting the mentioned trendline as well as the short-term blue trendline, 600B zone is the area we can expect the dump to continue towards lower levels particularly the the recent low of 516B. So Sell strategy is advised.
This analysis is valid only if TOTAL3 doesn't rise above the two trendlines.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.