FieryTrading

🔥 TKO Short Term Bullish Channel

Long
BINANCE:TKOUSDT   TKO / TetherUS
TKO is one of the newer coins on Binance. It has yet to see a strong bullish move.
The last bullish prediction I made was fairly accurate, but didn't go as far as I hoped. Last week's bearish price action of Bitcoin ruined the party, sadly. Take a look at the analysis below for reference:


Currently, TKO is on a strong path upwards. During this bullish move, it has produced a small channel, which is where we will trade on today. I'd advise waiting for a small dip and buy in around the channel support line. Be aware that the outcome of this trade is highly correlated to Bitcoin's behaviour.

Happy trading!

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