Evening Traders,
Today’s analysis – TLMUSDT – entering a new trading range where an impulse to the upside is probable,
Points to consider,
- Price Action Impulsive
- Weekly S/R Support
- Volume Influx
- 1.618 Fibonacci Extension
TLMUSDT’s immidiate price action is impulsive and is trading above a key weekly level that needs to hold for a bullish bias.
The Weekly S/R Retest will be an indication for a rotation back towards the highs with the current 1.618 Fibonacci Extension target.
The volume profile has a strong influx, follow through is needed for sustained momentum to the upside.
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,
It does not matter how slowly you go as long as you do not stop.”Confucius
Today’s analysis – TLMUSDT – entering a new trading range where an impulse to the upside is probable,
Points to consider,
- Price Action Impulsive
- Weekly S/R Support
- Volume Influx
- 1.618 Fibonacci Extension
TLMUSDT’s immidiate price action is impulsive and is trading above a key weekly level that needs to hold for a bullish bias.
The Weekly S/R Retest will be an indication for a rotation back towards the highs with the current 1.618 Fibonacci Extension target.
The volume profile has a strong influx, follow through is needed for sustained momentum to the upside.
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,
It does not matter how slowly you go as long as you do not stop.”Confucius
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Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
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Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.