TLM is trying to breakup the important resistance
According to 3D chart TLM broke the wedge recently and have a strong buyers, who are pushing the price up these days at resistance level.
In my perception two scenarios might happen:
1- Price squeeze up at resistance level and after breakup retest it as support level.
2- Rejection from this level, have a correction and a few days later try to break the resistance.
I believe in first idea and the trend shows it can break it up easily. It's the beginning of very strong bullish.
TLM will touch the $1 soon.
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P.S. This is not an advice to buy or sell, that's just an analysis that needs to considered too.
Always make your analysis before a trade.
In my perception two scenarios might happen:
1- Price squeeze up at resistance level and after breakup retest it as support level.
2- Rejection from this level, have a correction and a few days later try to break the resistance.
I believe in first idea and the trend shows it can break it up easily. It's the beginning of very strong bullish.
TLM will touch the $1 soon.
--------------------------------------------------------------------------------------
P.S. This is not an advice to buy or sell, that's just an analysis that needs to considered too.
Always make your analysis before a trade.
Trade closed: stop reached