LONG TRB - BOUNCE ON POC SUPPORT!LONG TRB - BOUNCE ON POC SUPPORT!
Tellor is a decentralized Oracle for bringing high-value off-chain data onto Ethereum. The system utilizes a network of staked miners that compete to solve a PoW challenge to submit the official value for requested data. To properly incentivize the network, Tellor mints a token called Tributes (TRB). They are to be used by miners to stake, they are used to reward miners, by users to request data, and token holders can vote on disputes of data validity.
Tellor is a token based on Ethereum blockchain
TRB
Tellor (TRB) breakout, Ready to flyTellor has broken the symmetrical triangle. TRB broke the triangle and closed above it. The coin team is active and continuously releasing new updates. We will see good development in the coming weeks on TRB.
Buy Zone: 1570-1600
Targets: 1830- 1970-2250
Stop Loss: 1400
Tellor (TRB) Project Overview + Chart AnalysisAbout Tellor (TRB)
Tellor is a permissionless community of token holders,
data providers, and validators. Together, we cryptographically secure putting real world data on-chain.
Launched on 01/08/2019 by a team based in the US, Tellor (a decentralized oracle) aims to address the Oracle problem on Ethereum.
Website: Tellor.io
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Here we have bullish divergence with the MACD and RSI, making this a strong signal as it is showing on both indicators.
Prices move and closed above EMA10, EMA21 while they are now challenging EMA50.
The trading volume is starting to increase and the TD Sequential has gone green.
On the chart, you can find my main target and also a stop-loss.
Thanks a lot for your support.
Namaste.
TRB/USDT - possible triple bottom forming?Hi all !
I like to keep it simple with the top quality alts. Fundamentally, we do not need to spend any words on the Oracle projects like Tellor. These projects are "less risky" if we consider them as a long term players that would achieve new ATH for sure.
After my LINK/USDT analysis which is going according to the plans, I think that if the market keep with the momentum that it had these last weeks, we might see an explosion in the TRB/USDT pair as well. Besides very healthy chart which we can see: healthy push after Binance listing and then healthy retracements to find the natural support are very good signs for sure.
If we keep today's daily lows, we might have triple bottom formed as marked on the chart. That's very bullish sign and if the price confirms that, we could target 145% + profits (Daily Resistance 2) in the coming weeks. However, if that plan does not come through, I would happily follow new signals and keep DCA-ing projects like TRB.
Thank you for your time !
I would also like to hear your thoughts on possible TRB movements in the near future. Your comments and support are much appreciated !
p.s. feel free to check my LINK/USDT idea and tell me your thoughts about it as well.
Happy trading!
TRB/USDT (4x Key Support Retest)💎Technical Analysis Summary💎
BINANCE: TRBUSDT
-TRB is back at its key level of support around 19 dollars
-This will be the 4th time it will be tested
-This is crucial for this coin because the support becomes weaker over time
-Please let this be a warning and plan your trade
-Always your proper stop location
-But if you are looking to short this market
-Wait for the support breakdown confirmation
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Not Financial Advice 💸
Please Exercise Risk Management 💱
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TRB/BTC (Retest Previous Swing Support)💎Technical Analysis Summary💎
BINANCE: TRBBTC
-TRB failed to break the key level of resistance
-The price fell back to near its previous swing low support
-The Bulls must defend this zone otherwise Bears will take the lead
-Wait for any Bullish reaction or reversals before buying at key support
-Reducing the risk by increasing the probabilities of winning is a must
A big Thanks for donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
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TRB/BTC (Potential Bullish Reversal Pattern?)💎Technical Analysis Summary💎
BINANCE: TRBBTC
-TRB is currently forming an inverse H&S pattern
-This is a bullish reversal pattern
-The key trading approach here is to wait for the breakout
-Entering on the neckline breakout will confirm the idea
-And an upside potential is up to 4500s sat
A big Thanks for donating 💰 via Tradingview coins this week to CITIZENCAINE 🙏🎉
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
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TRB/BTC possible bottomAs you see traingle formation in the bottom
If the bull can save the trend line support we can see great jump more than 100%
The buy areas can be one of two things :
1-After break of trendline resistance (recommend more safe entery)
2- buying around current price with stoploss break of local trendline support (risky)