Alien Worlds (TLM) - 30x

On the above 5-day chart price action has corrected 98%. A number of reasons now exist to be long. They include:

1) Price action and RSI resistance breakouts.

2) Regular bullish divergence over a extended period.

3) The falling wedge breakout with target as measured from high to low touch points (blue circles).

4) A few other reasons, especially on the higher time frames.

Is it possible price action corrects further? Sure. Even after a 98% correction sellers are still selling, that takes a special mindset ;-)
Is it probable? No.

Ww

Type: trade
Risk: <=6%
Timeframe for executing long: This month
Return: 3000%

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