TRBUSDT trade ideas
TRB huge buy backHi traders!
I see huge buy back on the candle pointed on chart
What does it mean to me?I mean that week hands were selling and strong hand had stopped that down side move with huge volume buy
That candle/zone become a very strong support
Also it means for me that somebody is still holding that volume of tokens and there is only way up now until that huge player will sell off
So just keep on buying TRB on lower TF according to your plan and you will be happy with profit)
IN WORST CASE SCENARIO I THINK PRICE CAN RETEST VOLUME CANDLE ZONE ONE MORE TIME
Trade safe and with joy😎
TRB - 2x from current levels - no problemTRB had nice 1:1 extension 3-wavish correction off the top and it took just six days for big boys to accumulate huge amount of longs (probably) around 35,5 $. We are currently above trendline, so I think every small pullback could be good buy opportunity, I am already in the LONG.
Tellor TRB: slow mover, when MOON?To be honest, I hate this token. It moves sooooo little as if we were in a bear market.
The most strange part is, TRB is an ORACLE!!! Its counterpart, Chainlink, has done a 400x increase in one year!
But I still have some TRB in my moon bag, bc the chart is bullish.
TRB has formed a double- or triple-bottom, like many other coins that listed in fall 2020. It was under accumulating between 13-39 usdt for several months. A cup-and-handle formation after it revisits 67. We have higher lows in the recent BTC dump. Its BTC pair has a long-term bullish divergence.
Oracle is one of the essential infrastructure of the DeFi and DAO world.
And TRB has a small market cap of just 60 mil. In the same category, we have LINK of 12 bil, and BAND with 300 mil. TRB has potential to do another 10x or more as the ALTs season continues. Not a financial advice, but I will support my prediction with my own money.
Thank you!
TRBUSDT A descending triangle is formed and Moving Average has supported the price perfectly within 4 days or 5.
Ichimoku cloud remains ascending and green which can lead us to rise, AND last but not least, MACD indicator provides us enough supporting idea to buy, IF we could stay above the Trend Line within the next couple of hours.
Trade safe
TRBUSDT 4H Long setup; W-formation setupTA explained
TRB consolidating just above broken resistance and "around" the neckline of the W-formation.
Trade setup
Best entries: 35.681 - 38.350
TP1: 42.373
TP2: 48.003
TP3: 54.764
SL: 32.371
RR: 3.86
Max leverage: 1x
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
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This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
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