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TLMUSDT

TLMUSDT → Double bottom breaks resistance BINANCE:TLMUSDT is forming a double bottom on the chart. The market enters the phase of pattern realization, and also begins to use the previously accumulated energy BITSTAMP:BTCUSD momentarily stops its fall near the area of 26000 and stands still for a long time. Yesterday the flagship formed an impulse based on fundamental factors, which provoked a bullish movement on the altcoin market. The double bottom is entering the realization phase, the price breaks the resistance of the descending wedge and forms consolidation. It is important for us to wait for the price to finally consolidate above the pattern resistance and form a bullish potential. Support Levels: Pattern Resistance, 0.00936 Resistance levels: 0.01142, 0.01227. I expect the growth to continue, if the bulls can hold the price. Medium-term target is 0.01515. BINANCE:TLMUSD BINANCE:TLMUSDT BINANCE:BTCUSD BINANCE:BTCUSDT Regards R. Linda!
Long
by RLinda
12
TLMUSDT upward momentum? 👀🤷‍♂️TLM Today Analysis💎It is making an impressive move, holding strong support and priming itself for a bullish surge. 💎 To delve deeper into the analysis, let's rewind a few days. We observed a downward move as demand turned into supply, and the price failed to sustain its upward momentum. 💎 After hitting all time low and facing rejection, it's now trading in the demand zone with an overlapping structure. 💎 Above, there is a supply zone, imbalance, and liquidity, price expected to rise to mitigate the Order Block and seize the liquidity. 💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Long
by MyCryptoParadise_Simon
9
TLMUSDT 🤔 Downtrend continuation or REVERSAL Hey guys! We'll be monitoring for the bears to get exhausted we've got a couple of exhaustion candles in the daily timeframe and in the lower timeframes price is consolidating. Reversal Bullish Scenario: Target 0.012 safely as 0.014 has turned into a possible supply zone so I only expect to see a slow recovery short term. 0.015 is the key level which had the highest volume traded so I believe price would re-test this level but we need confirmation. Bearish Continuation: No man's land price would create newer and lower lows so trade can be open and moving SL into entry as soon as in profits safely. This would get trigger if the 0.010 level won't hold and support trades below it. Keep it Shiny and remember always question everything Kina 🤔
by KinaStar
TLMUSDT ✨ Double Bottom Reversal or Breakdown ContinuationWe are at a very important level right now. We either get any of these 2 situations so be prepared: Double Bottom created with RSI Divergence confirming the bears power has been totally exhausted at this point and price will start reversing till next Supply zone. Target Supply zone area: 0.020 - 0.021 2. We get a downwards momemtum candle breaking down current support area and it would most likely go to the next demand zone where buyers will be eager to buy cheaper. Target Demand zone area: 0.013 - 0.012 Please note this is Daily Timeframe analysis so it will take longer to play out. Still, stay alert because we are at a current point of interest. Make sure to risk a % of your entire portfolio and manage risk accordingly. ✨Kina ✨
by KinaStar