Pearl-A

TLM DOUBLE BOTTOM IN DESCENDING CHANNEL

Long
Pearl-A Updated   
BINANCE:TLMUSDT   TLM / TetherUS
TLM is at the verge of breaking out to reach the previous highs after series of trends and consolidations in the descending channel which has been forming since its release. Tlm made a sharp rise to $0.33 few hours ago but it got rejected and it then retraced to a new support level at $0.243 on daily tf, any further dip below this level will attract an intensive buy. My target is $0.4 and $0.6.
Trajectories of the main s\r levels have been provided on chart. You can drop a line if you've got questions.
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Tlm spiked to $0.33 (30% profit) few days after releasing this update. The daily tf shows a strong reaction to the resistance level at $0.3175 leaving tlm on a double top pattern on 4hours tf, the current support level now is $0.2717. A daily close below $0.2423 will be critical and could retrace down to $0.2 in the event this happens, else tlm will continue to spike till it hits the specified tp at $0.6

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