TRB : SHORT SIGNAL : DISPROVING THE "SCAM COIN" MYTH Following the BTC retracement it's become clear what the likely bottom will be for TRB. There's been a lot of opinions regarding my previous post and how bad it was.. Sure.. I overestimated the target, but in my defense, I did call the trade and suggested setting a stop-loss at $160 in the event it did come down, which would have seen anyone that traded the signal, close their position in the money..
Whatever..
This trade appears more clear-cut and presents an opportunity to follow it down as it halves in value from current levels..
The setup on this trade:
My suggestion:
Enter short at the current price : ~$116.00 with about half the intended size position..
Set a stop-limit short order around $98.00 for the rest of the allocation..
Target: ~$60.50
TRBUSDT trade ideas
#TRB/USDT LONG#TRB
The price is moving in a descending triangle pattern on 1 D frame
It is expected that this triangle will be penetrated upward and re-penetrated
With stability above the moving average of 100
We have strong support to rely on at the borders of the lower channel
Also we have oversold on MACD
Current price 113.83
The first goal is 125.77
The third goal is 137.51
The third goal is 150.84
TRB UpdateWe have a Boolean iCH and two demands are created on top of each other.
If the flow of orders is maintained, it is expected that we will move towards the targets by maintaining high demand.
There are also liquidity pools on the chart that are expected to be swept soon
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#TRB Pull back in time H4In time h2 and h4, after reaching the supply area, it has faced a correction, and this correction can be reversed in the green box area after floor formation and confirmation until the next supply area continues its growth. Therefore, in the green box area at time h1, you can look for confirmation.
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๐ $2000 - Tellor have got another storm in its pocket? In the weekly time frame, TRB still in a distribution phase and we may see an upward movement to reach the $181.
After the upward move, two white boxes will be activated on the chart.
I hope second white box which is the $40-$48 range is touched before the main storm for the new all time high.
NFA
This digital currency is in an upward trendThe important ranges of support and resistance for this currency were determined, also the possible movement in the daily and 4-hour time is presented in this video.
Due to the fact that we are in a resistance range and we also have a negative divergence, we know that the probability of a fall for this currency is higher. Friends who are risk takers can enter according to this position.
Also, if you have this currency, you can proceed according to the analysis for reducing the average limits.
Tellor (TRB) complete a setup for upto 34.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Tellor (TRB) token with US Dollar pair.
Previously we caught almost 113% pump of TRB as below:
Now on a daily time frame, TRB has formed a bullish Cypher move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
TRB/USDT bullish horizons? what next๐ Paradisers, turn your attention to #TRBUSDT for an exciting trading prospect. This asset is charting its course within an ascending channel, signaling a strong potential for a bullish leap from a key demand level.
๐ Throughout the last month, #TELLOR has consistently adhered to its ascending channel pattern. As it approaches the support of the channel, we anticipate a bullish reversal from the demand level of $107.3, contingent on the asset maintaining momentum at this juncture, setting the stage for a promising bullish expedition.
๐ However, should there be a dip below the critical demand level of $107.3, it would signal the need for a thorough review of our trading approach. Such a development might indicate difficulties in upholding the bullish momentum, prompting a necessary pivot in strategy to align with evolving market conditions.๐ด๐ฐ
TRB/USDT Gearing Up for a Bull Run? ๐๐TRB Analysis๐TRBUSDT has shown remarkable market movements and has successfully exited the descending channel pattern.
๐At the moment, #Tellor is engaging in lateral consolidation after retesting the demand zone, which was once a supply area. There's a notable chance for the price to rebound from this zone and propel upwards, aiming for the bearish OB area as its forthcoming target.
๐If TRB does not manage to rebound and instead falls below the demand zone, it might withdraw to the Bullish OB area, situated around the $118.40 mark, in pursuit of a renewed drive for an ascent.
๐The Bullish OB area has historically been a pivotal point, invariably leading to significant recoveries upon its examination. Yet, a failure of this zone, substantiating a bearish trend, could direct the price to seek bullish prospects from an even lower stance.
๐In the event TRB doesn't leverage upward momentum from this additional level, it would likely maintain its descent. Rest assured, we're here to assist you in navigating through these market shifts.
Unveiling Hidden Bullish Divergence: Targeting $156 Fibonacci ๐ Spotting Hidden Bullish Divergence! ๐
Hey traders! ๐ฃ Keeping an eye on some exciting market dynamics here. Just identified a hidden bullish divergence pattern over the last 2 to 3 days on our charts. ๐ This pattern often signals a potential reversal in the current downtrend and hints at an upcoming bullish momentum.
๐ Hidden bullish divergence occurs when the price forms lower lows, while the corresponding oscillator (such as the RSI or MACD) forms higher lows. It suggests that even though the price is trending downwards, the momentum behind the selling pressure is weakening, and a bullish reversal might be on the horizon. ๐๐ก
Now, onto the juicy part โ our Fibonacci retracement levels! ๐ฏ The next fib target we're eyeing is at the $156 mark. Historically significant, this level could serve as a crucial pivot point for the current price action. ๐ฏ๐ฐ
Breaking above $156 could trigger a significant bullish move, potentially propelling the price back towards the $365 to $560 range. ๐๐ So, keep a close watch on this level as it could mark the beginning of a substantial upward trend.
Remember, trading involves risk, so make sure to employ proper risk management strategies. Stay tuned for further updates as we track this exciting development! ๐ผ๐ฐ
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions. ๐๐ก #TradingView #TechnicalAnalysis #BullishDivergence #FibonacciLevels #MarketAnalysis ๐๐
TRBUSDT Next Target 500$.TRBUSDT Technical analysis
TRBUSDT Currently trading at $115
TRB/USDT is on the verge of another breakout and clearly heading towards our next Target around 500$.
As the whole crypto market is currently on the bullish sentiments and expected a new ATH before the halving. So we are confident in the breakout and another clean rally towards 500$.
Fundamentally TRB is one interesting and technology sound project which has the potential to be in the top 50 projects.
Buy level: Above $114
Stop loss: Below $75
TP1: $144
TP2: $220
TP3: $315
TP4: $500
Max Leverage 2x
Always keep Stop loss
TRB/USDT Getting Ready for another Big Leap? ๐๐TRB Analysis๐Paradisers, let's delve into #TRBXUSDT, as the current market behavior suggests a promising chance for a bullish recovery from its crucial support zone.
๐Observing #Tellor's recent market performance, we see a steady 40% decline from its last peak. Nonetheless, its resilience at the support level of $103.7 indicates the potential for an upward trend.
๐Despite obstacles in setting new highs or eclipsing past achievements, which has cultivated a short-term bearish outlook, the $103.7 mark is key for #TRB. This level stands on the brink of triggering a significant bullish momentum upon reevaluation.
๐As proactive traders, we're always ready with a contingency strategy. If #TRB weakens further from this support, we're looking toward a bullish resurgence beginning at the secondary support of $87.7. However, it's crucial to note, breaching this level might herald extended bearish phases.
๐Stay flexible in your trading approach and vigilant with the market movements, Paradisers. Your ParadiseTeam is actively monitoring, prepared to steer you through these market dynamics.
TRB 2ND BREAKOUT : LONG : LET'S START BREAKING DOWN SOME WRONGSI've heard the usual dismissive labels used in reference to what this little pocket rocket did recently, and as always, I disagree. Quite honestly, in all the time I've been analyzing charts, and trust me, this nerd has spent A LOT of time candle shopping, there have been very few instances where outlier price points were so anomalous that they could confidently be considered as having been manipulated. I've cringed at these terms since the beginning, which quickly led to a blanket boycott of chat rooms, the Ideas page here on TV and participation or interest in any "news" including the sensational articles written by supposed professional analysts. When I started this journey, like anyone, I was under the impression that there had been made enough progress in terms of knowledge gained, that the logical approach would be to seek out the most accomplished students of the craft and learn from them.
I found a video course on Forex markets that appeared authoritative (no clue who it was by, but I know it was pretty famous by then) and reached about two thirds of the way trough before realizing "This guy is a joke.". What killed it for me was his comment about the outlier candle-wicks. He simply said to ignore them as they cannot be explained. I don't know about you, but explaining it is kinda the point, isn't it?
I might have saved myself a lot of solitude had I possessed the ability to accept what I'm told by those who have clearly succeeded in the world, but that's never been a pill I could swallow. So, I did the only thing that made sense to me.. I went solo.. If there's nothing to be learnt from the people at the top besides name calling and witch hunts, then I'm clearly better off making my own way. At least it would be free from stigma and ignorance. There was one thing the presenter said that stuck with me, though; "historic price informs future price" or something to that effect.
The next period doesn't register many memories for me. I quickly became lost in a daily routine that was dedicated exclusively to the task. I looked at every single coin I could find, searching into it's historical performance all the way to the point of listing. This, in itself was oftentimes a curious thing, and to be fair, the only point in the life of any coin that I might agree that there very likely is evidence of price manipulation. It would make sense, since the event, at the exact moment of listing, is the only time where the price isn't regulated or expected to conform to the patterns observed on other exchanges. The interesting thing is that most charts start with a peculiarly large spike. Abnormally large on some, and absolutely enormous..
My theory is that exchanges (or the people running that part of the show, which should be senior management), acquire large bags of the coin prior to listing.. Only they really know when it's scheduled, so the moment it becomes available, they create a wall of purchase orders many times the actual price, which is easy, because there has not been a chance for anyone to sell anything, since the coin doesn't exist on that particular exchange, meaning that anyone who buys it thinking he's getting a ticket on "Wen Moon", is immediately stuck with a large back of overpriced coins, panics and adds to the dump.. This happens in silence and the barriers to entry in order to speak to anyone about it (in the limited cases that there's someone to speak to), are insurmountable. There's no community page where traders communicate among one-another so it can be checked, which means there are some fools out there that regularly and anonymously get absolutely smoked, but there's no real evidence of it, and it doesn't show up on any of the other charts, meaning it will likely never be questioned by anyone and the further the chart progresses from that point, the lower the odds of ever getting caught. Who's gonna listen to someone who got cleaned out by a new listing on a crypto exchange? Nobody. He'll be told that he should have known that it's risky and volatility is normal. But think about how many coins exist in the industry, and they get listed in multiple trading pairs and in multiple instruments other than just spot, which exponentially increases the number of instances of this happening, and it happens on all exchanges, all the time..
The reason I don't believe in the simpleton option of perpetuating stigmas, is because by doing so, we admit and immediately project to others that "I don't understand what I'm talking about, have no interest of digging deeper, cannot think independently..", but more importantly, I've concluded that it's not possible for these rallies to be the result of market manipulation, because they conform to the same exact proportional rule-set which governs all cryptos.. The same exact thing is true for the "rogue candles".. They eventually became one of the tree pillars upon which my methodology was developed, and without them I'd never have formed a comprehensive understanding which led to my TA Method.
The popular thinking, assumptions and blatant lies that are baseless, and in time, I'll debunk and disprove all of them.. Not that I expect it will make a difference to most people, but changing opinions is a result of what I do, not the reason I do it..
Entry price: $120.00, but then I wrote all of this, so now it's $148.50.
Target: $ 495.00
TRB Sell Trade "Step into the world of crypto with me! Get your daily dose of technical analysis covering Bitcoin, altcoins, and more. Follow for insights and be part of the discussion!
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Disclaimer: Remember, crypto technical analysis is just a tool. It's not foolproof. Make well-informed decisions by considering other factors like market trends and economic conditions. This is not financial advice."