TRBUSDT
$TRB - Double Bullish DivergenceHello my Fellow TraderZ,
$TRB is ranging inside a FALLING WEDGE Pattern on 4 HTF.
I've mentioned here that the Double BULLISH DIVERGENCE is in formation on 4H RSI.
Price is just getting hit by EMA 55 if clears and breaks out of the Wedge Pattern, we can see the mentioned targets.
Also if we lose $14.7 , look for SHORT,
Trade well FAM. CHEERS!!!
Long position idea on $TRB [risky!]Quite a simple straightforward trade which could prove to be a big fail considering the FUD going around the project and how it is being called the next $LUNA but from a pure TA point of view this is a very valid trade.
Using adequate risk percentage / position sizing is vital and I can't stress enough on that.
Crazy funding rates on exchanges right now as well; -1.5% on ByBit right now for an example and that on its own is worthy of a shot at a long imo.
Entry and target zones marked.
LFG 🚀
TRBHELLO GUYS THIS MY IDEA 💡ABOUT TRB is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the buyers from this area will be defend this long position..
and when the price come back to this area, strong buyers will be push up the market again..
UPTREND + Support from the past + Strong volume area is my mainly reason for this long trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
Testing n.5 TRB/USDT Short
Another experiment on TRB/USDT, I short with low leverage, based on calculation of the center of the core, the current price is very far from the center. So lets try to make some coins again =D
and please don't laugh at me, I'm really getting started =D
And if anyone follows me, it was great on the last short, if anyone wants to support me, please send me a message =)
TRB trend lines and fib levels#TRB/USDT
$TRB touched 0.5 fib level of weekly swing down and dropped to support zone which is the same with support zone around $20.
🐮 holding above this support zone, and after several days of sideways move between $30 and $20, it can head up to descending trend line which is the same with 0.5 fib level again.
break out from this level will increase price to resistance zone around $60.
🐻 breaking down from support zone will drop price to descending support around $3!!
TRB FUD & Short Sellers will get REKTTRB after decling from mid 30's to 18 over FUD is now consolidating before it shoots to mid 25 liquidating the short sellers.
From 25$ we could once again see 30$ depending on the magnitude of the short squeeze.
Have your stop losses at 15$.
Do your own research. NFA
TRBUSDT SHORTI expect TRB to lose momentum go back to at least 21 daily MA . As you can see MACD start to close its distance and it seems that it will cross down soon.
when i check trend based fib extention , it extended until 4.236 fib extention and it stopped its moving upside progress.
And you can also see that there is divergence between price and RSI , price makes higher highs but RSI doesnt make higher highs , so it means it is losing its upside momentum.
It seems this it the end of increasing wave and there will be a correction which can go to at least 21Daily MA which is at 31 and it can go down to 35 Daily MA which is at 26.
Disclaimer: The purpose of this anaşlyse is for educational reasons , this is not a trading advice , please make your all decitions according to your own risk analyse.
TRB SHORTI think TRB decline will continue. It came to its first resistance and today it has got some response increase till its resistance.
I guess it will continue to decrease its 35 sma daily which is 33.27usdt and then target will be 28usdt as a big resistance.
disclaimer: purpose of this post is educational. this post is not an investment advice.