TRB coming back to support
Updated
TRB price is currently coming back to support.
The 1h shows a flag or descending channel with price consolidating lower and lower.
RSI on 4h is close to 30. If rsi turns around would indicate strong bullish divergence on 4h.
If TRB price loses 49.8 I would assume it would head down to the support at 41.8.
A swing long entry could be around 49.8 with a stop below the support ~37.9.
Pay attention to BTC as we could see a pullback from where price is now down to the 72 or even as far as the 69.xxx level.
The 1h shows a flag or descending channel with price consolidating lower and lower.
RSI on 4h is close to 30. If rsi turns around would indicate strong bullish divergence on 4h.
If TRB price loses 49.8 I would assume it would head down to the support at 41.8.
A swing long entry could be around 49.8 with a stop below the support ~37.9.
Pay attention to BTC as we could see a pullback from where price is now down to the 72 or even as far as the 69.xxx level.
Trade active
And just like that... we have liftoff Note
TP2 taken, holding now for TP3.
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