TRBUSDT trade ideas
TRB, time to SHORT? BINANCE:TRBUSDT.P
TRB is in a big triangle, it will test the trendline soon.
We can try to open a SHORT position when it touches the trendline.
This setup is a bit risky , please handle your own risk management.
Enjoy!
Follow me for more chart analysis.
Patience is the key to success.
DYOR
Infinity bullets of Market MakersIn the world of crypto trading, time is a precious commodity that can wield a double-edged sword. It can either enact profitable victories or trigger crushing defeats. This is particularly poignant for BINANCE:TRBUSDT.P which has grown by a staggering 250% over the last 24 days. 50% in the recent 30 hours.
But BINANCE:TRBUSDT.P is now a gambling game, and is not recommended for trader with healthy risk management.Here is some reasons why :
- price gaps created between spot and futures
- Binance charges a stunning 2 to 2.5% funding fee every 8 hours.
- long and MM's infinity bullets provided by exchanges funding fees, 7% every day by controlling almost 40% of the equity. means apex will never end if either long army or MM pyramid their orders.
- every time the funding fee is charged, could lead to a big fall, because the fee gap attracts outside traders came for the funding fee hour hold 5 seconds, and release. but you will never know which one is the one.
- is not price action control the movement anymore
- short army not killed by long army, they get killed by the times.
- abnormal growth,(no retracement ,pure apexing pump,is not even a bull market).
- leaves no normal structure trails, like engulfing candles.
- you don't know when the pump is going to end, because there's no TA fit the current situation. makes both sides gamblers.
- every long is now risky trade, and short for liquidation nightmare
do you think my analysis is correct? if not, and you are still holding or just opened a short position -- i dare you to take a nap:)
📊#TRB continues to rise, where are the possible target areas❓➡️The TRB experienced a brief correction after a sharp rise, and began to rebound after gaining support at a key support range. As I mentioned in the previous post, our near-term short target has been basically achieved, and we have also informed everyone to leave the market with all profits. 💰🍻
🧠 Now we have reached the short defense zone, and we have broken the short defense point of the small double top structure, if we can break the whole short defense zone, then we can go to the challenge high 💪🏻
Let's see👀
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
#TRB/USDT 5D (Binance Futures) Big descending wedge breakoutTellor Tributes printed a shooting star which probably marked the local top on that supply zone.
RSI is quite overbought, a retracement down to 200MA at least would make sense.
⚡️⚡️ #TRB/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (2.0X)
Amount: 4.7%
Current Price:
38.512
Entry Zone:
38.997 - 44.129
Take-Profit Targets:
1) 30.911
1) 22.890
1) 14.868
Stop Targets:
1) 50.476
Published By: @Zblaba
LSE:TRB BINANCE:TRBUSDT.P #Tellor #Tributes #Oracle #Web3 tellor.io
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +51.3% | +89.9% | +128.5%
Possible Loss= -42.9%
Estimated Gaintime= 3-9 months
TRB shortBINANCE:TRBUSDT
i am personally short position in TRB, because it is fundamentally weak coin, i think this is fake pump and bull trap, top position should be 46$ but all bulls will be trapped when investors will get profit and sell coins, we can see this coin at its all time low ATL position in very near future, this is not a financial advise, trade at your own analysis
After 2 Successfull Buy Trade on TRB here is The Third OneSTP Network is a blockchain-based platform that provides a standard for the tokenization of assets. The STP token (STPT) is the native cryptocurrency of the STP Network and is used to pay for transaction fees and to participate in governance.
Fundamental Analysis
The STP Network has a number of advantages over other tokenization platforms. First, it is based on a blockchain, which makes it secure and transparent. Second, it is scalable and can handle a large number of transactions. Third, it is flexible and can be used to tokenize a wide variety of assets.
The STP Network has a number of partnerships with leading companies in the financial industry. For example, STP has partnered with BNY Mellon to offer a tokenization solution for institutional investors. STP has also partnered with Nasdaq to develop a new stock exchange for digital securities.
Recent News
On September 26, 2023, STP Network announced that it had partnered with Metap Inc., a leading provider of digital asset custody solutions. This partnership will allow STP to offer its clients a secure and compliant way to store their digital assets.
On September 22, 2023, STP Network announced that it had been selected by the World Economic Forum to participate in its Blockchain for Social Impact initiative. This initiative aims to use blockchain technology to solve some of the world's most pressing social problems.
Disclaimer
Cryptocurrencies are volatile assets and prices can fluctuate wildly. It is important to do your own research before investing in any cryptocurrency.
TRB can reach 60 if break out1h time frame
-
TRB has been consolidating for 7 days, this consolidation structure is going to convergence as a triangle structure, which means TRB will appear volatility soon. If breaking out this triangle on upside, this pump momentum can be maintained.
TP: 59.5~65 / 88
SL: 22.3
TRB COIN PRICE ANALYSIS AND NEXT POSSIBLE MOVE !!LSE:TRB Coin Update & Possible Moves Near Me !!
• Almost on All Charts Look Overbought instead 1D Chart ( 1D Chart not Clear )
• You are able To Build position For Short with Tight Stoploss untill its price below 48$.
• RISK Level is High. Don't use High Fund.
Follow us for more analysis!!