TLMUSDT ✨ Double Bottom Reversal or Breakdown Continuation
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We are at a very important level right now. We either get any of these 2 situations so be prepared:
Double Bottom created with RSI Divergence confirming the bears power has been totally exhausted at this point and price will start reversing till next Supply zone. Target Supply zone area: 0.020 - 0.021
2. We get a downwards momemtum candle breaking down current support area and it would most likely go to the next demand zone where buyers will be eager to buy cheaper. Target Demand zone area: 0.013 - 0.012
Please note this is Daily Timeframe analysis so it will take longer to play out. Still, stay alert because we are at a current point of interest.
Make sure to risk a % of your entire portfolio and manage risk accordingly. ✨Kina ✨
Trade ativo
So we've got the scenario 2 in which the breakdown happend and is most likely to end in the next demand zone: Target area 0.013 - 0.012
Trade fechado: objetivo atingido
TLM Reached the area we targeted so the trade has been a successful short!
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.