The market moves in cycles. Price action happens in waves.
We have strong waves moving up and strong waves moving down.
There are cycles within cycles, small and big waves.
Time New Bank (TNBBTC) has hit a new all-time low, and as I always say, once you are at the bottom, the only place left to move is up.
After removing over 100% of its value, TNBBTC is starting to show some early reversal signal.
On the second and third weeks of January, TNBBTC printed its highest volume bar since April 2018. Signaling the beginning of new action coming to TNBBTC.
Bullish divergence is building up on the MACD.
The RSI has gone flat, very likely to soon start moving up.
This is a friendly reminder, not trade advice.
I believe TNBBTC can make a decent move, and generated great profits, soon.
Thanks a lot for reading... Remember to hit LIKE.
Namaste.
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This is how our trade looks like, I will be tracking our targets here.