Churro17

TLMUSDT Long Target 0.87

Long
Churro17 Updated   
BINANCE:TLMUSDT   TLM / TetherUS
TLM broke out of his H4 channel and is perfoming a strong uptrend. After a temporary correction, the next target in the chart is 0.87.
Comment:
The correction move as talked about yesterday hit almost exact ly the spot. 0,32-0,34 level is a strong resistance. A further upmove from here is expected. 0,87 is considered the last significant high, which can be tested on that trend. IMPORTANT NOTE: If you are on a short-term trading plan, please set your STOP LOSS BELOW that level. Around 0,30 is recommended. On the other hand, As a long-term TLM investor, you can just buy and hold until your target is reached (time frame: months).
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