Yello, Paradisers! Could this be #AlienWorlds' moment of glory or a sharp turn south? Let’s dive into this critical setup for #TLMUSDT:
💎#TLM has been consolidating within a falling wedge, a pattern often signaling a potential bullish breakout. However, the price needs to decisively break above the descending resistance for the move to materialize. Currently, #TLMUSD is trading around $0.014, eyeing the next major resistance at $0.016.
💎A 4-hour candle close above $0.0168 would confirm a bullish breakout. If this occurs, the price could rally toward the $0.02278 strong resistance zone, where sellers are likely to re-enter the market. Beyond that, the next major target sits near $0.028, signaling a potential continuation of the upward momentum.
💎To validate a breakout, you must look for strong bullish candles and increased trading volume. Without these signals, any upward move risks being a fakeout, trapping overenthusiastic buyers. You must watch this zone closely for a decisive push.
💎On the flip side, failure to break above the descending resistance could lead to a retest of the immediate $0.0143 support level. Failure to hold this support may push the price lower toward the strong $0.01151 support level. If this level is also lost, #TLM could spiral toward $0.00800, wiping out short-term bullish sentiment.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
💎#TLM has been consolidating within a falling wedge, a pattern often signaling a potential bullish breakout. However, the price needs to decisively break above the descending resistance for the move to materialize. Currently, #TLMUSD is trading around $0.014, eyeing the next major resistance at $0.016.
💎A 4-hour candle close above $0.0168 would confirm a bullish breakout. If this occurs, the price could rally toward the $0.02278 strong resistance zone, where sellers are likely to re-enter the market. Beyond that, the next major target sits near $0.028, signaling a potential continuation of the upward momentum.
💎To validate a breakout, you must look for strong bullish candles and increased trading volume. Without these signals, any upward move risks being a fakeout, trapping overenthusiastic buyers. You must watch this zone closely for a decisive push.
💎On the flip side, failure to break above the descending resistance could lead to a retest of the immediate $0.0143 support level. Failure to hold this support may push the price lower toward the strong $0.01151 support level. If this level is also lost, #TLM could spiral toward $0.00800, wiping out short-term bullish sentiment.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
Want to trade like a PRO without the 15+ year learning curve?
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🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.