#3 | Alien Worlds vs Tether (TLMUSDT)

1 בנוב׳ 2021

This is not exactly the type of chart that we normally look at since we prefer always low risk and high potential reward, regardless of how long it takes for a pair to move.

But in this case, we are looking for pairs that can move FAST & STRONG, based on the article shared 29-Oct., see it below:
🆕 TOP 10 Altcoins With Bullish & Fast Growth Potential!



For fast growth, the first thing to look for is a confirmed break above resistance since any accumulation/consolidation phase can take its time.

The "round bottom" was clearly set in June.
The initial bullish wave started to take form.
In early September we have a break below support and then consolidation until the price jump.

The break above resistance is good because we have really high volume; see the volume bars at the bottom of the chart.

These are the signals telling us that prices can move up next... But remember, the charts are always changing!

• Prepare for all scenarios.
  
• Use a stop-loss.
  
• Build a plan/have a strategy BEFORE you start to trade.
  

Thanks a lot for reading.
It is my pleasure to write for you.

Namaste.