TRBUPUSDT trade ideas
TRBUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in time frame 4 hours a day. . As you can see, the price is moving within an uptrend channel. We intend to enter the trade after breaking the resistance line for the above goal. But if the price penetrates below the support line, we consider the fall.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Are yo ready?Get ready to become rich, folks🔥
There is one more interesting formation on crypto market.
Symmetrical triangle on TRB crypto pair.
According to Elliott Waves theory Wave D is done and now price is heading to Wave E.
However this formation may become circumcised and break the level earlier.
So follow the chart and look for the breakout carefully.
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And always remember: "we don't predict, we react".
TRB Exemple of possible bottom, unlike TomoUSDTHi,
Here is an example of a potential bottom on 4H, up to 12H time frame, for TRBUSDT. The daily candle is currently not closed yet.
On the 12H, we can see a candle with a relative big wick at the bottom, like on the 22.06.2021 at 14h00.
On the 12H RSI has make some bullish Div, and Stochastic as crossed to the upside from a low level. It's look like bullish to me.
Bullish Div detected the 19th of jully at 14h00 on 4H :
With a Bullish div confirmed yesterday 19th of jully at 14h00, on the 1H time frame, and with a bearish trend line broken today at 09h00, re-tested a little bit bellow at 11h00
There is a bigger down trend line on the 4H. if this trend line is also broken, than the target can be higher.
I'm just not sure yet of the potential target. If TRB can go to the top of the 4H-12H range at arround 41-42, or not.
Have a nice day to every body.
Regards
TRB/USDT Long Short-Term TradeIndicators
4H & 1H RSI shows that TRB/USDT is looking to break 50s level after ending a small bearish pattern three days ago as graph shows strong support in that area.
MA CROSS (50,100) lines are about to confirm a bullish cross after almost three weeks in 4h & in the 1H chart bullish cross is just running but facing sideways daily crosses.
ADX (4H) on DMI below 20 which often indicates "non-existent trend" and reached a line resistance between 14-15 points, bearish for now. DMI+ (4H) battling trend reversal with DMI- with no trend power from ADX.
Pattern
(4H) Measured Move Up (1H, 30 min) Bullish Symmetrical Triangle Break
Conclusion
Conclusion
Trade set up based on short term support @38.00 as well as a 12-day bullish trend. Price just bull broke the triangle pattern and confirmed by bouncing off midterm bearish trend line. As it holds up, target is to find profit off this breakout of the overall bearish momentum in the crypto market. Profit targets were set up based on the Long Position tool upon the already marked support and resistance prices. Entry Level must be from a lower price range to gain short term RSI strength to then proceed to first target just discussed. The four profit targets shall go to 7% while max downside is 3%.