Is TLM going to skyrocket❓❓❓

27 дек. 2021 г.

In the last idea, we said that a break of the upper boundary of the wedge could be a good buying opportunity.

After the breakout, the price has already risen by 30%, which is a very good result.

A key level and a local support level can now be identified on the chart. The price is squeezed between these two levels. On the technical analysis side, the trend has reversed and it is worth looking for entry points to buy.
In case of a squeeze and breakout of the key level, there could be a good buying opportunity.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.