ScramblerG

TLMUSDT DWINDLING SINCE LONG TIME

Long
ScramblerG Updated   
BINANCE:TLMUSDT.P   TLM / TetherUS PERPETUAL CONTRACT
Hello !!

Welcome to quick update of TLMUSDT. As we all know the market is very uncertain and we are unsure about the trend whether bullish or bearish.

I have analyzed the chart of TLM, it was trading inside a channel since long time but it broke it when BTC broke 38200 level. TLM made an all time low of .0695 and it pumped until .0770. As of now, it is trading in the range of .0748 to .0786. It is in a sideway trend as of now and may soon pump.

We can enter the TLMUSDT trade only if it breaks .0786 level and closes above that. Below .0786 level, we are still bearish. In my suggestion, lets wait for the right moment to take this trade setup and see when the trend breaks.

The desired entry level should be above .0790 only if it breaks the trend. The possible targets will be as below:

.0839
.0884
.0918+

This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits.

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Comment:
As per my analysis, TLM finally broke the resistance and is currently trading at around .0820. The new support is .0786

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