$TEL Mid to Long term Swing Trade LONG
TEL fell perfectly forming a bottom structure at the golden ratio, I personally waited for a breakout to form a higher high and then a retest before entry. Would be great to get some of the Volume we had on the previous bull run, will be watching BTC.D Closely for next few weeks to see how this affects the price action.
I used the trend based fib extension tool to highlight the first 2 targets (grey boxes) which has some nice confluence with previous resistance levels on both weekly and daily charts.
I use the Volume profile indicator on the daily chart on confluence for the Entry as we have massive vol
TELUSDT 
TELBTC ume around the entry point and higher probability this will hold looking at the current market strength.
I used the trend based fib extension tool to highlight the first 2 targets (grey boxes) which has some nice confluence with previous resistance levels on both weekly and daily charts.
I use the Volume profile indicator on the daily chart on confluence for the Entry as we have massive vol
TELUSDT TELBTC ume around the entry point and higher probability this will hold looking at the current market strength.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.