TLM LONG/SHORT ANALYSIS
Here we have TLM (Alien Worlds), an Altcoin on both Kucoin, Binance and other exchanges.
Here we have our main indicator, the TT Price/Trend Indicator, along with our supporting indicator, the TT Volume Indicator, to use as confirmation.
As shown below, we can see an average of 90% win rate over the last couple of weeks.
We checked TLM/BTC, and the trends matched up on the TLM/USDT chart with the TLM/BTC chart.
The Volume Indicator said Volume was underneath the Blue Resistance + Grey resistance when we were shorting.
The Volume Indicator said Volume was above the Blue Support + Grey support when we were longing.
Currently, we can see TLM is continuing its trend upwards and it would be smart to continue to buy at the Blue trendline.
However, as we know, trends change. So we have to keep an eye on Bitcoin to see what is happening there, along with the TLM/BTC chart when we are trading TLM/USDT.
If we see a breakdown underneath the Blue line + retest, even though there is no "SELL" printing, we would close our Long with a very very small loss.
Here, as you can see the losses are tiny and the wins are great.
Any questions? I will be happy to help :)
Here we have our main indicator, the TT Price/Trend Indicator, along with our supporting indicator, the TT Volume Indicator, to use as confirmation.
As shown below, we can see an average of 90% win rate over the last couple of weeks.
We checked TLM/BTC, and the trends matched up on the TLM/USDT chart with the TLM/BTC chart.
The Volume Indicator said Volume was underneath the Blue Resistance + Grey resistance when we were shorting.
The Volume Indicator said Volume was above the Blue Support + Grey support when we were longing.
Currently, we can see TLM is continuing its trend upwards and it would be smart to continue to buy at the Blue trendline.
However, as we know, trends change. So we have to keep an eye on Bitcoin to see what is happening there, along with the TLM/BTC chart when we are trading TLM/USDT.
If we see a breakdown underneath the Blue line + retest, even though there is no "SELL" printing, we would close our Long with a very very small loss.
Here, as you can see the losses are tiny and the wins are great.
Any questions? I will be happy to help :)
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