Tierion (TNTBTC) is now trading at support... Will it go lower or bounce here?
The last time the current support level was hit TNTBTC grew by 250% in one single candle.
Last's weeks' candle though erased 100% of the gains and prices can still go lower... It all depends on how the "support" level is handled.
Short-term, looking at the 4H timeframe, we can see...
Thierion (TNT) The name translates as beast) Has a religious coloring. The coin icon looks like an inverted pyramid.
I trade this tool from time to time.
An ordinary coin for pumping, but with the presence of a "major player" in the market.
As evidenced by a good periodic pumping. The work is going very competently.
The project is not abandoned. The legend for...
Tierion (TNTBTC) is looking good long-term, this is the weekly chart.
Here we can see that prices for TNTBTC are trading within a bullish pennant and also a falling wedge, we have multiple signals calling for the end of the retrace, let's take a look at those:
1) Prices retraced just below the 0.786 Fib. retracement support.
2) A bullish candlestick pattern...
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get stopped out at your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation...
Fast-moving FOMO shitcoin with potential for great profits.
Sorry ladies and gents I’ll have to keep this one short and sweet as well so you guys get a chance to buy them as always green horizontals and red represent TP/stop.
Personally I’m exiting at TP one primarily because I got my entry at the bottom of the dump and I don’t like to gamble with high risk low...
Look at massive weekly pump.
Obviously someone or some whales are doing something here.
Altcoins are akin to penny stocks. Things always move first before news come out.
I don't need to subscribe to people like Teeka Tiwari, I can see at chart and understand how whales operate.
Whales always leave their trails behind, you can't fake long term trend and long...
That continuous sell-off was intense and there maybe some additional bleeding, I saw patterns along the way and due to being oversold on the smaller TFs, I expected some relief bounces but those patterns broke down to form this big picture scenario. If we are able to hold channel support or the 0.886 fib, we're setup beautifully for the coming weeks/months.
Tierion got dumped yesterday and it's now forming a bullish pattern on low TF, could be a dead cat bounce or a reversal here.
Buy Entry= 0.00000538 - 0.00000516
Take Profit= 0.00000592 | 0.00000631 | 0.00000694
Stop Loss= 0.00000458
Risk/Reward= 1:1 | 1:1.6 | 1:2.57
Expected Profit= 12.33% | 19.73% | 31.69%
Possible Loss= -12.33%
Fib. Retracement= 0.236 |...