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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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
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 ⚔️
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.