Tellor ā Reversal, Reclaim Support š 17% Short-Term Potential
$TRB completely invalidated my #bearish scenarios yesterday.
All signs pointed towards a further correction to the $90 level. However, #Tellor chose to take massive bullish action instead.
As a result, the level between 140-150 is now back in play.
ā Tellor printed a picture-perfect Morning Star Doji. This pattern is often a clear sign of a trend reversal (and it worked perfectly in Tellor's case).
ā Yesterday, Tellor reclaimed the 115 level.
ā A retest of the level today was successful.
ā Technical indicators look mainly bullish or neutral.
Therefore, if the market doesn't go crazy, I expect Tellor to retest the upper channel boundary between 140 and 150 soon.
Let's see if this prediction works better than my last one ;)