Time New Bank (TNBBTC) is now moving above resistance... This can lead to additional growth.
We had a downtrend line plus multiple EMAs all converging on the same spot, after a higher low TNBBTC broke to the upside, signaling that the bulls are starting to push.
Any trading above EMA200 and the bullish bias is dominant.
We stay strongly bullish with all trading above MA200.
Conditions for change
We look at the bearish potential only if prices close below the 4-August low.
Namaste.