TRB/USDT
Updated
Hi guys,
Here's a quick look at TRB /USDT 4H chart. As we can see, we formed a descending triangle pattern which if we break out we might see up to 45% profit. The first resistance level is 130$. Macd crossed positive 4h but the momentum is slowing down we might see a retest on support levels before break up. The daily Chart is looking good as well. Soon moon
My targets are:
1) 130$
2)140$
3)150$
4)170$
5)175$
6)185$
7)200$
These are my targets if we see a strong breakup. For Short Term
Support Levels:
25EMA 117$ Weak Support
Retest Trend Support 110$ + 50EMA 110$ Support
0.618FIB 100-103 Strong Support + 100EMA
0.5 95$ Support + BB Support
90$ 200 EMA
If we see a huge drop like previous drops -40% + if BTC Drops to 43k maybe a very very very low possibility we might see 65$
Trade Safely
This is not financial advice! Just my idea about TRB!
Do your own research.
If do you see a mistake or want to help, you can write in the comments.
It's my first time so take your own risk.
Not investment advice.
My ideas are only helpful and not advice to buy or sell, you are the decision-maker.
Here's a quick look at TRB /USDT 4H chart. As we can see, we formed a descending triangle pattern which if we break out we might see up to 45% profit. The first resistance level is 130$. Macd crossed positive 4h but the momentum is slowing down we might see a retest on support levels before break up. The daily Chart is looking good as well. Soon moon
My targets are:
1) 130$
2)140$
3)150$
4)170$
5)175$
6)185$
7)200$
These are my targets if we see a strong breakup. For Short Term
Support Levels:
25EMA 117$ Weak Support
Retest Trend Support 110$ + 50EMA 110$ Support
0.618FIB 100-103 Strong Support + 100EMA
0.5 95$ Support + BB Support
90$ 200 EMA
If we see a huge drop like previous drops -40% + if BTC Drops to 43k maybe a very very very low possibility we might see 65$
Trade Safely
This is not financial advice! Just my idea about TRB!
Do your own research.
If do you see a mistake or want to help, you can write in the comments.
It's my first time so take your own risk.
Not investment advice.
My ideas are only helpful and not advice to buy or sell, you are the decision-maker.
Note
Support worked perfectly and the Trend Channel Trade Safely
This is not financial advice! Just my idea about TRB!
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