TNT ANALYSIS: (BUY THE BOTTOM)
Updated
TNT ANALYSIS:
TNT looks to have bottomed just at the top of a known support level. The strength on the buy end is still light here, I am expecting some buy traction to pick up and push TNT towards T1 at 525 sats. ATR strength is down to 45, and RSI is pushing its way up after hitting oversold territory. This is a good time to enter a long near 490-499 sats. At minimum, a relief rally after such a fall will bring TNT back to T1 and T2 at 575 sats. T2 is a strong hourly resistance band. Recommended to Take 50% profit by T2, move stop loss up to break even, and let the remainder ride. If T3 at 606 sats is broken, this is bullish pull above 200MA for a further continued rise!
Possible Entries: 490-499 sats
TNT looks to have bottomed just at the top of a known support level. The strength on the buy end is still light here, I am expecting some buy traction to pick up and push TNT towards T1 at 525 sats. ATR strength is down to 45, and RSI is pushing its way up after hitting oversold territory. This is a good time to enter a long near 490-499 sats. At minimum, a relief rally after such a fall will bring TNT back to T1 and T2 at 575 sats. T2 is a strong hourly resistance band. Recommended to Take 50% profit by T2, move stop loss up to break even, and let the remainder ride. If T3 at 606 sats is broken, this is bullish pull above 200MA for a further continued rise!
Possible Entries: 490-499 sats
Trade closed: target reached
WIN! TNT/BTC Hit Target 1!
+6.92% Profit!
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