TLMUSDT: Triangle - Long 🔥 1st Target 0.59 !
After building a correction move as shown in the last analisys, TLM formed a strong triangle pattern in H4 time frime. The 1st measured target in the chart will be at 0,59. The overall goal for TLM at 0,87 is fully on track - we are trading on a bullish trend as well as the game "Alien Worlds" itself provides new attrative features, which will push the price up further.
GENERAL INFORMATION: . TLM is currently used in the game "Alien Worlds", and since a few weeks, they offered more profitable missions for their space ships. TLM is needed to proceed those missions. Expect a further demand for TLM in the next days and weeks, since it is used on those missions for staking with really good percentage rates. A further upmove from here is expected. 0,87 is considered the last significant high, which can be tested on that trend. You can follow me if you like, and I will post a new chart tomorrow for further technical insights. Best regards
IMPORTANT NOTE: If you are on a short-term trading plan, please set your STOP LOSS BELOW the triangle pattern. Around 0,37 on H4 candle close 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).
FOLLOW ME here on Tradingview if you like, sinceI will post a new TLMUSDT chart soon regarding further technical insights.
Thanks and have a great day.
GENERAL INFORMATION: . TLM is currently used in the game "Alien Worlds", and since a few weeks, they offered more profitable missions for their space ships. TLM is needed to proceed those missions. Expect a further demand for TLM in the next days and weeks, since it is used on those missions for staking with really good percentage rates. A further upmove from here is expected. 0,87 is considered the last significant high, which can be tested on that trend. You can follow me if you like, and I will post a new chart tomorrow for further technical insights. Best regards
IMPORTANT NOTE: If you are on a short-term trading plan, please set your STOP LOSS BELOW the triangle pattern. Around 0,37 on H4 candle close 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).
FOLLOW ME here on Tradingview if you like, sinceI will post a new TLMUSDT chart soon regarding further technical insights.
Thanks and have a great day.
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