TRB/USDT : Retest on support, Ready for breakoutBINANCE:TRBUSDT
Hello everyone ๐
TRB was trying to break 60$'s resistance.
Now it had a retest on support line !
๐ Also MACD is being Bullish...
It could be a good zone to but TRB after breakout and holds above 60$.
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
TRBUSDT trade ideas
TRBUSDT (TRB) - POSSIBLE PRICE ACTIONS ANALYSIS ๐
- TRBUSDT is consolidating in a symmetrical triangle pattern .
- A relatively big move is imminent.
POSSIBLE PRICE ACTIONS
- Uptrend โฌ๏ธ: breakout above the symmetrical triangle's inclined resistance.
- Downtrend โฌ๏ธ: breakdown below the symmetrical triangle's inclined support.
TARGETS ๐ฏ
- Uptrend โฌ๏ธ: Horizontal resistance levels (R1, R2, R3, R4).
- Downtrend โฌ๏ธ: Horizontal support levels (S1, S2).
TRBUSDT is testing daily resistance ๐ฆ$TRB.X had a breakout from weekly resistance, and now the price wants to retest it. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order
โโโโโ
Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Ascending Triangle on TRB Penetration ImminentAscending Triangle inside a broadening wedge with trending Volume. Usually when there are three or more green volume bars, one longer than the other is a good sign of strength.
Accumulation Distribution is above its EMA13 and trending nicely.
Target is the measured move off the ascending triangle which coincides with the 1.68 fib extension. Target: $47.568 StopLoss: $31.083
There is not much to say.
A LIKE would be extremely and massively appreciated. Thanks in advance!
PS. Just an opinion, trade carefully, and do your research, don't get too excited or too depressed, keep it cool. Educate your self. We are our own masters of our trades. Best of Best! :)