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Tellor ā€” Reversal, Reclaim Support šŸ‘‰ 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 ;)

Tellor ā€” Reversal, Reclaim Support šŸ‘‰ 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 ;)

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.Ā See T&Cs.
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