Tierion Confirms Support, Time To Move Higher
Tierion (TNTBTC) managed to conquer EMA300 back in late September '19, this lead to really great gains... A strong correction followed and then again EMA300, which was first a very strong resistance worked as support.
As soon as EMA300 was confirmed as support, TNTBTC started to move higher and is now trading above all EMAs (EMA10/50/100/200/300 & MA200).
Trading volume is really good and indicative that additional growth can easily happen here.
The RSI is very strong while the MACD is trading below the zero line, allowing for plenty of room for more.
TNTBTC can easily continue growing. If prices move below EMA300 and/or MA200, lower support levels are likely to be tested.
Thanks a lot for reading.
Namaste.
As soon as EMA300 was confirmed as support, TNTBTC started to move higher and is now trading above all EMAs (EMA10/50/100/200/300 & MA200).
Trading volume is really good and indicative that additional growth can easily happen here.
The RSI is very strong while the MACD is trading below the zero line, allowing for plenty of room for more.
TNTBTC can easily continue growing. If prices move below EMA300 and/or MA200, lower support levels are likely to be tested.
Thanks a lot for reading.
Namaste.
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