Did Tierion Hit Support? What Happens Next
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 early signals of a potential low being printed, but this is really early.
In conclusion, it is too early for me to say based on the signals, it might go lower though there are better options out there, way better options and we already won big with this pair.
Previous chart | Mar 20 (+165%)
Namaste.
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 early signals of a potential low being printed, but this is really early.
In conclusion, it is too early for me to say based on the signals, it might go lower though there are better options out there, way better options and we already won big with this pair.
Previous chart | Mar 20 (+165%)
Namaste.
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