BAR
Daily Chart on Times New Bank / TNBTC Another Ideas to keep an eye on is TNB, we are at all time lows for TNB/BTC via binance so we could see a bottom form. Still invest/trade at your own risk, I expect the coming months to be choppy but we should see a nice wave back up.
TNB Whitepaper - tnb.fund
coinmarketcap.com
tnb.fund
tnb.fund
" MiaoA International Timechain (M.I.T) is a precision time-value transmission network which enables the valuation of the time assets belonging to individuals and/or corporations. Utilizing the unique benefits derived from Blockchain technology and digital identity, the network can achieve the automated management of digitized time assets through the use of smart contracts. To facilitate this innovation, M.I.T has introduced TNB (a.k.a. Time New Bank) as the sole settlement token for transmitting the value of time commodity. M.I.T vision is to establish a time-value transmission network which encompasses the key principles of decentralization, internationalization, transaction flexibility, pricing transparency, and strong protection of rights. "
Monero - Multiple bullish signals Dear trading friends,
First of all, I am following many coins/charts daily. If you want more TA please like and comment, and that is the best way to say thank you :)
The XMR/BTC chart is sending some good bullish vibes.
1. First, MACD is about to have a bullish cross . That did not happen for the past 27 days! And we had more than 14 bars on the bottom side, which validates the entry signal.
2. We have a bullish pin bar forming. On a day-candle chart here, that signal is a strongly bullish.
3. We have the lowest registered RSI ever for the XMR/BTC chart. Yes, go back on the chart, never been as low as now.
4. The support has been tested almost everyday for the past 10 days and have hold. Bears have failed here, and it is now time to go towards resistance.
There has been a sharp decline of the trading price for the past 15 days. It seems only logical XMR would go for an upward correction .
Plus, I don't see XMR going down beyond the support with that many bullish signals. We have seen the currency explode at the beginning of the month, and I expect a rally towards at least the white resistance trend line.
Stop loss at 23000 sats to invalidate the prediction.
Please feel free to comment and give me your opinion regarding this.
Best regards,
Greenou.
BTC-reasons not to buy (yet)4-hour chart:
1. Bounced off of support @ 6000
2. Crossed resistance @ 8000
3. Upper trend line resistance (secondary)
4. Bearish pin bar
5. Upper trend line resistance (primary)
6. Weak resistance @ 9000
7. Strong resistance @ 10000
8. Momentum slowing on EFI but no bearish divergence yet
Going long might look temping but price must overcome both primary and secondary upper trend lines, as well as stay above support at 8000. The pin bar (#4) shows that the bears still have control above the secondary trend line. Bullish momentum is also slowing on the EFI.
Scenario 1: Trend overcomes support @8000. Price heads for next support @ 6000. (support might also be found @ around 7k)
Scenario 2: Price overcomes secondary trend line but cannot break primary line.
Scenario 3: The bulls overcome both trend lines. Soon after it is likely to face weak resistance at 9000. To make a higher high, Bitcoin must break 9500 and strong resistance should be expected @ 10000. A clean break of 10000 would be a good sign that the balance of power has shifted.
XRP analysis. Analysis, counter-trend pin bar.1. Support @ ~0.66
2. Resistance @ 0.96
3. 8-day EMA (Dynamic support/resistance). The resistance has held since Jan 9.
4a. Bullish pin bar formed at key support level. Price retraced 50% of pin bar, which is not unusual.
4b. Potential reasons not to take this as a buy signal:
-Counter trend
-Pin bar spans both support and resistance
-Subsequent failed test of resistance @ 0.96 (yesterday and today). (See 5)
-Strong downward momentum (see 6)
-Poor risk/reward.
6. EFI {Close (current period) - Close (prior period)} x Volume-------------EFI has been negative since Jan 10. MACD lines also crossed around this time.
?. Prices are likely to soon retest support @ 0.66
Things to look for (bullish)
-break of resistance (horizontal levels and/or break above EMA)
-higher highs, higher lows
-counter-trend trades near support with good risk/reward potential and strong signals.
-EFI heading for positive territory.
-MACD cross