Here we are at a very key area for this coin. I'd like to see a pattern that would confirm the reversal from this area to the upside. First sign we have is a bullish divergence on the RSI on the daily timeframe still is not enough to confirm bullish bias. So I'll wait for a double bottom or H&S on the H4.
This area still is a demand buying zone being the all time low for this coin, it doesn't get any better than this. Could be a very rare opportunity or it could go lower of course.
Still first target safely would be: 0.015 as this price had the highest volume profile.
We'll be monitoring and updating this till when we ready to open a position.
My regards,
Kina💥
This area still is a demand buying zone being the all time low for this coin, it doesn't get any better than this. Could be a very rare opportunity or it could go lower of course.
Still first target safely would be: 0.015 as this price had the highest volume profile.
We'll be monitoring and updating this till when we ready to open a position.
My regards,
Kina💥
Comment:
Support got pierced through. Now, we either see a false breakdown and will come back to green box or we'll see more deepness
Comment:
It went into a strong ranging mode which could say is some sort of accumulation to lead to a breakout soon. Beware
Comment:
Here's an update on TLM. Coin went into a ranging mode but we can see 2 possible outcomes so far. As long as it trades below the cloud we go short, but if it breaks out to the upside then the targets for both directions are displayed in the picture accordingly. Take care!
Comment:
Taking a while but it's moving ! Pretty close to hit target!
Trade closed: target reached:
Targets met! However I suggest to spot and hold this is a great project!