TIERION (TNT) Breakout In Progress!!
![](https://steemitimages.com/DQmbzwe5WDACbLUWv3nXc3hJo9Lox2xBTkXtM28gLeRozox/image.png)
SUMMARY
Tierion (TNT) has a very handsome looking Cup & Handle pattern! The impulse is contained as part of the right side of the cup and the resulting abc correction represents the handle formation. Price is also showing to have breached the upper line of the wedge pattern and this is bullish! The key question is how bullish could it be?
Usually, a higher resolution chart view provides much clarity. Below shows Elliott Waves that could start impulsing to a full set of five waves. Thus far, only waves 1 and 2 are complete and so 3,4,5 need to be placed. Usually, a breakout begins to accelerate, so overnight price action is likely to propel prices higher.
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--
![](https://steemitimages.com/0x0/https://steemitimages.com/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV.gif)
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
![](https://steemitimages.com/0x0/https://s1.postimg.org/231h83mh7z/U5drx_NFe_Q4_Nn_YGEb9rq2_V47_X6_Yk_AQsm.gif)
Uncertainty in the stock market is causing money to migrate from stocks back into cryptos. This more than anything is lifting the price in the space.
U explained the graph in very good manner .
Great post haejin
Great analysis
@haejin
Top 63 coins.Have you own any of them
https://steemit.com/dtube/@salahuddin2004/top-63-cryptocurrencies-will-run-rampant-through-blockchain
Interesting take on this. In such unpredictable times, it’s good to find direction. Thanks.
great post!
i think same ^^
I think the same.
Well let's see..
Thanks for sharing
Oh. Well, let's see :)
Actually, I can not explain what all the time you want is the same post because of what?
the technical analysis look promising, i think 70% in the right direction. Its a good opinion @haejin