TNB/BTC TA Update (Down to 17 sats?)
TNB/BTC
TNB is respecting this downward channel by making a series of Lower Highs and Lower Lows.
Thought this downtrend is showing some early signs of strength from the bulls as the RSI is conflicting with what the price action is telling.
TNB could still go down further to 17 sats area before potentially bounce up to retest 21 sats or break this trend-line resistance to challenge the 25 sats resistance.
For now, we will have to observe the price to consolidate in this range to establish base support in the coming days. Not quite ready to enter a position here.
TNB is respecting this downward channel by making a series of Lower Highs and Lower Lows.
Thought this downtrend is showing some early signs of strength from the bulls as the RSI is conflicting with what the price action is telling.
TNB could still go down further to 17 sats area before potentially bounce up to retest 21 sats or break this trend-line resistance to challenge the 25 sats resistance.
For now, we will have to observe the price to consolidate in this range to establish base support in the coming days. Not quite ready to enter a position here.
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