#Tellor #TRB on the way to $53 ??!!If price closes above $38 the next target would $53 (FIB golden pocket)
Both price levels are made by volume profile
Remember we are already above the trendline channel with touch points May 2021 and November 2021 dear Crypto Nation
Drop me a nice comment
*not financial advice
do your own research before investing
TRBUSDT
TRB quick H&STellor just formed Head and Shoulders 🤷 pattern on 15m and also broke the yellow uptrendline IF price breaks the Neckline 39.15 and stays below for a few bars, I will set SELL LIMIT order to the neckline level to catch the backtest as I think there is chance for drop to 35.9 later.
ENTRY : backtest of the Neckline @ 39.1
STOPLOSS (SL) : Left Shoulder @ 40.47
TARGET (TP) : Inverted H&S target projection @ 35.9
REWARD RISK RATIO (RRR) : 2.5
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
#Tellor #TRB about to break important price level ?!If price closes above $38 the next target would $53 (FIB golden pocket)
Both resistance level are out of volume profile
But we already above the trendline channel with touch points May 2021 and November 2021 - looking good dear Crypto Nation
Drop me a nice comment
*not financial advice
do your own research before investing
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📊 TRB re-testing resistance ! What's next?Hello, dear TradingView members.
This idea is a TRB analysis.
TRB pumped more than 16% today, and it's the second time this week that it has tried to break that resistance level.
The price is moving above the upper Bollinger Band, which causes weakness, and sends overbought signals.
However, RSI tells us the market still has room to go higher, which makes two scenarios possible for the near future.
Scenario one:
A breakout:
The price will either pump now or move to resistance levels after getting more support and buy volumes.
Scenario two:
A fake-out:
The price will fall after being around the resistance zone for a while.
The Bollinger Bands are broad, and I used them to show the resistance and support levels. Not entirely accurate, but still practical.
The Speedometer indicator shows Buy volumes on the market for TRB on a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
TRB / USD (Tellor) Token Analysis 24/10/2021Fundamentals Analysis:
Tellor was launched in 2019 by a U.S.-based team with the aim to address the oracle problem on the Ethereum (ETH) blockchain. Tellor is an Ethereum-based, decentralized, secure oracle for decentralized finance (DeFi) decentralized applications (DApps).
To learn more about this project, check out our deep dive of Tellor.
Tellor allows DeFi DApps to receive high-value data for smart contracts. The data feed’s stability and reliability are ensured by staked miners who participate in proof-of-work (PoW) consensus.
The team behind Tellor also built Daxia, which is a derivatives protocol on Ethereum. Daxia created tokens that represented long or short sides of a trading pair, and an oracle was needed in order to execute these smart contracts. As a result, the team created Tellor, which is a decentralized, purpose-built oracle solution.
Tellor takes advantage of the proof-of-work consensus algorithm in order to provide a high level of security to the network through decentralization. Alongside the PoW solution, miners need to provide an off-chain data point. Participants of the network also have to deposit a minimum sum of 1000 tokens as a stake, which acts as a guarantee of the correctness of data inputs.
The TRB utility token is an Ethereum-based token that powers the Tellor system. Tellor works by allowing users to send queries to the oracle network, where TRB tokens are used as an incentive for miners to choose a particular query.
Later on, other users that want the same data can pay for it more to further incentivize miners. Approximately every 10 minutes the oracle selects the best-funded query and provides a challenge for the miners who have opted towards solving it.
Miners can then submit their PoW solution and off-chain data point within the oracle contract. The oracle then validates the input and saves it on the chain. Once this happens, the miners are finally rewarded for their mining efforts. Anyone that has TRB tokens can dispute the validity of a mined value, however, this needs to be done in a 24-hour interval by paying a dispute fee.
Tellor was co-founded by Brenda Loya and Michael Zemrose.
Brenda Loya is the CEO and co-founder of Tellor and in the past worked as the VP and lead developer at Daxia in the field of blockchain, scalability and data science. She was also the supervisory statistician in employment and training administration at the U.S. Department of Labor.
Michael Zemrose is a co-founder of Tellor and used to work as the chief strategy officer at Daxia. He was also a coach for small business owners at Real Elevation.
The current CoinMarketCap ranking is #404, with a live market cap of $109,136,660 USD. It has a circulating supply of 2,005,905 TRB coins and the max. supply is not available.
Technical Analysis:
The Token had a Bullish run and made ATH then retraced to 78.6% level of Fibonacci Retracement Level, where it is currently Reaccumulating and we are expecting a bullish wave and a new Higher cycle soon.
we have defined three new Targets with Fibonacci Projection of the Past Bullish Run and highest pick and lowest retracement dumps.
the 3 TP gets confirmed as soon as the price Touches the 161.8% of the same Fibonacci projection followed by some retracement and price correction.
TRB can Start To Increase Soon🔵🟡Chart is speaking it self!
TRB / USDT
-TRB is in a Double Bottom Pattern
-The break out has not Happened yet!
-If the Bullish Break out happens, we Must Expect a Bullish Movement as much as the Measured Price Movement.
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Thank you for seeing idea .
Have a nice day and Good luck
TRB/ USDT (new rise soon ?)TRB / USDT
Back to late 2020 this zone was strong support area
TRB is trying to breakout from accumulation zone
We have a high chance to do so with btc trying to make new rally
Keep an eye on it
Note : before you open any trade please make sure you do your own research and respect the risk managements
💥TRB ROAD TO $70🚀Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
Yesterday’s daily candle closed above resistance and broke price out of consolidation.
If the new uptrend continues, we’ll see trb in good ROI in the coming days.
What do you think?
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Happy Trading💰🥳🤗
$TRB/USDT 12h (#BinanceFutures) Falling wedge breakout & retestTellor Tributes seems to have found local bottom and looks ready for recovery towards 100EMA!
tellor.io
Current Price= 31.58
Buy Entry= 30.78 - 28.46
Take Profit= 36.35 | 44.16 | 54.96
Stop Loss= 24.55
Risk/Reward= 1:1.33 | 1:2.87 | 1:5
Expected Profit= +22.72% | +49.09% | +88.55%
Possible Loss= -17.12%
Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 2 months
Contract:
#ERC20 0x88dF592F8eb5D7Bd38bFeF7dEb0fBc02cf3778a0