TKO reached 1H support, inside the bearish channel.

TKO Analysis.


1/5/20230 min read

Hello guys!

TKO just reached a 1H support level a few hours ago and made an excellent opportunity to open long positions.

However, be careful because the trend is bearish, and there are two static resistance + a dynamic resistance on the way up.

Also, don't test or trust that 1H support level anymore. Next time it probably won't hold the price up.

Let me know what you think. I would love to hear your ideas.

Good luck!