Quick analysis.
It looks like it (FINALLY) reached the bottom at 9 sats!
My previous chart of this coin was cancelled because of the massive BTC rally.
TNB is still forming a really nice falling wedge pattern on daily (and now weekly) frames.
As you can see, we're reaching the end. Breakout will happen in the next couple of days.
Fib levels are on the chart. I expect TNB to reach 18 area pretty soon, which is the next major resistance.
For now, wait for some volume and for more bullish signs before entering.
Nothing special on RSI in my opinion for the moment but MACD is getting slowly bullish.
Keep an eye on BTC as well as it's still extremely volatile and might delay the alt season.
Good luck everyone!
What are your thoughts? Curious to hear :)
It looks like it (FINALLY) reached the bottom at 9 sats!
My previous chart of this coin was cancelled because of the massive BTC rally.
TNB is still forming a really nice falling wedge pattern on daily (and now weekly) frames.
As you can see, we're reaching the end. Breakout will happen in the next couple of days.
Fib levels are on the chart. I expect TNB to reach 18 area pretty soon, which is the next major resistance.
For now, wait for some volume and for more bullish signs before entering.
Nothing special on RSI in my opinion for the moment but MACD is getting slowly bullish.
Keep an eye on BTC as well as it's still extremely volatile and might delay the alt season.
Good luck everyone!
What are your thoughts? Curious to hear :)
