TRBUSDT trade ideas
TRBUSDT going down to 63There is head and shoulders pattern with the tp of 63 in the 15 and 30 min timeframe.
The trend line being broken also confirms this analysis. The top black line is the top of a long term channel to which the price has shown reaction being aligned with the top line of the triangle.
We see also a rising triangle in the hourly timeframe with the 5th wave remained to be completed from top the lower line of the triangle shown with the blue line making the price lower to 62-63
🆓Tellor (TRB) May-28 #TRB $TRBTRB has just been rejected from 75$ zone and is heading to 55$ zone then may generate new rally up to 90$ or even 130$ zone in June. But if it loses 55$ zone, it will fall down to retest 40$ zone again or fall deeper to 20$ zone. So we need to pay attention to 55$ zone
📈BUY
-Buy: 53-57$ if A. SL if B
-Buy: 73-77$ if A. SL if B
📉SELL
-Sell: 73-77$. SL if A
-Sell: 88-92$. SL if A
-Sell: 127-133$. SL if A
♻️BACK-UP
-Sell: 53-55$ if B. SL if A
-Buy: 39-41$. SL if B
-Buy: 19-21$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
TRB has great potential. :)Hello, I am publishing today my first idea on the pair TRBUSDT , time frame 2h. As always I will be mentioning a few scenarios and for each I am giving the reasons why I think that way.
FIRST SCENARIO- The market has been hurt these days by BTC. But TRB seems to recover so fast in the area between 87-96.5$. Even though we can clearly see a downtrend in this time frame, looking at the RSI, it shows a small sign of a bullish trend. However a lot of volume is needed, because if not, The RSI may show a bearish divergence. However I expect at first a small drop between 76-86 area, in which is a very buying opportunity. I think there will be at least another drop in price. In that area is a great moment to buy. If you want to have a SL, I would recommend it to be under 74$. But TRB recovers very fast, and to me it has great potential with this movement it is doing.
SECOND SCENARIO- If the daily candle closes as a hammer, probably in a few hours we could see movement in the area between 87-94$. We could be witnessing a trend reversal and the price may hit the TP of 125-127$. However it is critical to see how the daily candle stick will close and if there will be another drop of BTC and all the coins. Trade with caution and be careful while trading. TRB is very good, and recently it has recovered quite better. Be patient. If you do not feel like trading in this volatile market, step aside. Hope you liked my idea and you are free to comment for everything. :)
Trb!Looks to be confirming support at the bottom of a big rising wedge potentially. I don’t fear is going to break down from this. ThT early in the pattern. Therefor looks like an amazing swing trade buying here up persistence at 170$ could try to swing it there while moving stoploss up on each resiatnce breakout.
First entry would need stoploss below 107. So risking a lot. Could tighten the stoploss if you didn’t want that much risk but I don’t think it’s breaking down. Looks like a double bottom bullish divergents on 4hr. Could be a solid trade!
TRB/USDTHi guys,
Here's a quick look at TRB /USDT 4H chart. As we can see, we formed a descending triangle pattern which if we break out we might see up to 45% profit. The first resistance level is 130$. Macd crossed positive 4h but the momentum is slowing down we might see a retest on support levels before break up. The daily Chart is looking good as well. Soon moon
My targets are:
1) 130$
2)140$
3)150$
4)170$
5)175$
6)185$
7)200$
These are my targets if we see a strong breakup. For Short Term
Support Levels:
25EMA 117$ Weak Support
Retest Trend Support 110$ + 50EMA 110$ Support
0.618FIB 100-103 Strong Support + 100EMA
0.5 95$ Support + BB Support
90$ 200 EMA
If we see a huge drop like previous drops -40% + if BTC Drops to 43k maybe a very very very low possibility we might see 65$
Trade Safely
This is not financial advice! Just my idea about TRB!
Do your own research.
If do you see a mistake or want to help, you can write in the comments.
It's my first time so take your own risk.
Not investment advice.
My ideas are only helpful and not advice to buy or sell, you are the decision-maker.
TRB broke key resistance, targets 170, 265, 420 and other nodesQuick post to alert of Major resistance upcoming.
168-170 is expected to be a serious hurdle above.
Break would show strength, pullback expectable.
Major Targets Above:
204-205 backstop to 200 round number.
264-267 a major node, likely pullback.
419-422 the extended target for wave.
NOTE:
These levels are from Binance, versus Tether.
Exact Levels vary between different exchanges.
Coinbase just launched so prices there are higher.
Drag DOWN on the PRICE scale to see levels above and below.
THEN drag the CHART around to see outside current window.
Use "Make it Mine" under SHARING to make your own copy.
.
I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".
My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess
.