TRBUSDT trade ideas
TRBUSDT Can TRB Hold the Line, or Is a Deeper Dip Coming?Yello, Paradisers! Are we on the brink of a major move for #TRBUSDT? Let's dive into the analysis.
💎#TRB has faced a sharp rejection at the descending resistance, signaling a potential downturn. The price now looks set to retest the demand level. For TRB to regain bullish momentum and challenge the descending channel, it needs to rebound from the demand zone. The key confirmation here is a breakout above the critical resistance at $82.5. If successful, this could trigger a significant upward movement, with a high probability of reaching our final target at the strong resistance.
💎However, if TRB fails to bounce within the $56.80 - $51.50 demand zone and breaks down further, it could spell trouble. This scenario would likely lead to a retest of the major support at $41.60—a crucial level that needs to hold to prevent a deeper dip.
💎If TRB sustains itself and rebounds from this zone, the price could stabilize. But, if there’s no strong rejection and the price merely moves sideways, the risk of breaking down the major support increases, leading to a potentially deeper decline.
Stay focused, patient, and disciplined, Paradisers.
MyCryptoParadise
iFeel the success🌴
Analysis of TRBUSDT by the Mallicast TeamThe TRB currency pair is considered one of the least risky options in the crypto market, attracting the attention of many traders. Given the characteristics of this currency pair and recent market trends, the current price appears to be an appropriate entry point for a spot trade. Technical and fundamental analyses indicate that TRB is within a favorable price range and could present a low-risk and attractive investment opportunity for traders. The Mallicast analysis team believes that this price movement could reach a level of $81.940. Considering the current market conditions and the high trading volume of this currency pair, reaching this price target is not out of reach. Therefore, traders looking for profitable and relatively safe opportunities might consider entering the TRB market as an effective strategy.
Tellor — Watching You Closely!I know that Tellor left many investors unhappy. After its massive pump of more than 200% at the beginning of May, TRB entered a continuous downtrend channel. Four months later, Tellor has basically retraced the entire pump and is almost back to its crucial support level at $45.
The level at 45 USD is extremely crucial since it marks the bear market outbreak. TRB fell below this level at the end of 2021 and basically remained there for almost two years. Once Tellor broke out, it delivered an incredible pump beyond 200 USD.
🧐 What To Watch
Tellor is getting closer to the corner formed by the long-term downtrend channel and the 45-level. Accordingly, the probability increases that we will see a massive move—either to the down or to the upside. Currently, it is hard to predict the direction. However, the magnitude will be strong.
A drop below the 45-level will trigger immense downward momentum, sending Tellor to the 30-level or even sub-20-level in the worst case.
Conversely, a breakout to the top will initiate a massive pump. In this case, 100 should be easily reachable.
Therefore, I will keep my feet still and watch TRB very closely, being ready to jump on the breakout at any time!
Tellor — Short-Term Outlook Remains BearishAfter Tellor's massive pump at the beginning of May, the token remained in a constant downtrend. Up to today, TRB has retraced about two-thirds of its pump. Moreover, there are currently no signs that this trend will end soon.
Conversely, Tellor paints a mostly bearish chart. Here are a few highlights (based on the 4H chart; however, the daily doesn't look very different):
- The price trades below the Ichimoku cloud, indicating a bearish trend.
- The Kijun line is about to cross the Tenkan line below the cloud — this is one of the strongest bearish Ichimoku signals.
- The future cloud is massively red, indicating a continuation of the downtrend.
If we move away from Ichimoku, things don't get better:
- TRB trades way below the EMA200, which further seconds the massive downtrend.
- Currently, TRB can't manage to break the resistance at 76 USD — this can be seen as the bare minimum to start an uptrend.
- TRB's price is way below the downtrend line that started in May.
Summarized, the overall outlook remains bearish. Let's see if the broader market can provide some support and help TRB gain bullish momentum. However, to go for long trades, the chart setup has to change completely.
Tellor — Bearish MACD Crossover 4H Chart — Retest of 76?On the 4H chart, Tellor was recently rejected at the EMA200 and has been correct since then. Additionally, the token flashed a bearish MACD crossover, which could lead to further downward momentum.
With almost 72%, the signal is solidly reliable for a 5% price decrease based on 28 historical signals.
However, a level of 76 should serve as strong support. If TRB bounces from there, the next logical move is another re-test of the EMA200. A break of the support brings the level of 68 to the table.
#TRB/USDT SPOT LONG ENTRY#TRB/USDT LONG ENTRY
Leverage: 3x
Entries: $78.381
Take profit 1: $79.880
Take profit 2: $86.649
Take profit 3: $94.784
Stop Loss: $73.478
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
BINANCE:TRBUSDT.P
Thanks
The sroced.
Tellor Ready To RollLSE:TRB looks primed for some bullish moves. The token printed a bullish MACD Crossover on the daily chart just today. In addition, Tellor broke through its local resistance at $75 and confirmed it on the daily chart, too.
Moreover, the bullish MACD crossover shows solid results in backtests. Based on 28 appearances, the signal led to gains of 10% and more, up to 71%.
From a trade setup point-of-view, a first take profit goal can be set at $89, leading to gains of ~14%. As 2nd take profit, the EMA200 seems logical, sitting at $92.50, resulting in 20% gains.
A stop loss can be added slightly below the previous resistance at $75 (e.g., 74.5), resulting in a risk/reward ratio above 5!
TRBUSDT..near support ? Holding or not?#TRBUSDT... Well guys market perfectly break 91 and placed rece t lows.
Now market have 77.20 around supporting area, that will play key role in next move.
Keep close it because eif market hold it in that case you can see again bounce from here otherwise below that area next areas are mentioned on chart.
Don't be lazy here.
Good luck
Trade wisely
Tellor Trade Successfully Closed — Signal Indicates More DownsidJust yesterday, I posted a trade setup to short on the 4H chart. With today's market dip we reached the profit target easily.
However, the dip flashed another bearish signal for Tellor, indicating even more downside potential. Here are the details 👇
1️⃣ Trade Signal
Tellor flashed a bearish Parabolic Trader signal on the 4H chart. The signal combines indicators such as the EMA200, PSAR, ADX, and MACD.
2️⃣ Reliability
Based on backtests, the signal shows solid reliability on the 4H chart. In terms of TRB and based on 13 signals, it has a 77% probability of achieving 5% gains.
3️⃣ Profit Potential
The profit target is calculated at 8% and aligns with the TRB's resistance at $82. However, based on the backtest data, it might be reasonable to use two profit targets.
4️⃣ What about the chart?
Tellor's 4H chart looks mostly bearish and, therefore, supports the signal. The token fell below the reversal trendline, which has served as a support area for several days.
TRB analysisThe TRB has a bearish structure but has created a bullish iCH on the chart for substructrue moves.
In the upper part of the chart, we have two liquidity pools.
From the demand range, it can move towards the supply side and then be rejetted.
Closing a daily candle below the invalidation level will cause analysis.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
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Tellor — Ichimoku Signal Indicates 5% Dip!Our algorithms identified a bearish Ichimoku signal for LSE:TRB on the 4H chart. The signal indicates a 4%-5% setback.
Here are the details 👇
TRB printed an Ichimoku signal on the 4H chart. The signal combines various Ichimoku indicators and validates the direction on higher timeframes. As a result, it is considered highly reliable.
Backtest Details 🧐
The signal has solid backtest results. Based on 7 historical signals, TRB dipped over 5% after signals flashed in 72% of their occurrence.
Other Technical Indicators 💹
Trend indicators are mainly bearish, whereas momentum indicators show a mixed picture.
What about the chart 📊
TRB is currently showing an uptrend after forming a bottom in early/mid-June. Therefore, based on the chart, a further price increase is likely. However, the Ichimoku price target perfectly fits the U-shape.
As a result, a possible scenario could be another retest of the U-shape before TRB continues going higher.