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TRBBTC: worth looking into"What Is Tellor (TRB)? Tellor was launched in 2019 by a U.S.-based team with the aim to address the oracle problem on the Ethereum (ETH) blockchain. Tellor is an Ethereum-based, decentralized, secure oracle for decentralized finance (DeFi) decentralized applications (DApps). To learn more about this project, check out our deep dive of Tellor. Tellor allows DeFi DApps to receive high-value data for smart contracts. The data feed’s stability and reliability are ensured by staked miners who participate in proof-of-work (PoW) consensus. The team behind Tellor also built Daxia, which is a derivatives protocol on Ethereum. Daxia created tokens that represented long or short sides of a trading pair, and an oracle was needed in order to execute these smart contracts. As a result, the team created Tellor, which is a decentralized, purpose-built oracle solution. Who Are the Founders of Tellor? Tellor was co-founded by Brenda Loya and Michael Zemrose. Brenda Loya is the CEO and co-founder of Tellor and in the past worked as the VP and lead developer at Daxia in the field of blockchain, scalability and data science. She was also the supervisory statistician in employment and training administration at the U.S. Department of Labor. Michael Zemrose is a co-founder of Tellor and used to work as the chief strategy officer at Daxia. He was also a coach for small business owners at Real Elevation. What Makes Tellor Unique? The TRB utility token is an Ethereum-based token that powers the Tellor system. Tellor works by allowing users to send queries to the oracle network, where TRB tokens are used as an incentive for miners to choose a particular query. Later on, other users that want the same data can pay for it more to further incentivize miners. Approximately every 10 minutes the oracle selects the best-funded query and provides a challenge for the miners who have opted towards solving it. Miners can then submit their PoW solution and off-chain data point within the oracle contract. The oracle then validates the input and saves it on the chain. Once this happens, the miners are finally rewarded for their mining efforts. Anyone that has TRB tokens can dispute the validity of a mined value, however, this needs to be done in a 24-hour interval by paying a dispute fee. How Is the Tellor Network Secured? Tellor takes advantage of the proof-of-work consensus algorithm in order to provide a high level of security to the network through decentralization. Alongside the PoW solution, miners need to provide an off-chain data point. Participants of the network also have to deposit a minimum sum of 1000 tokens as a stake, which acts as a guarantee of the correctness of data inputs." source cmc
Long
by sequentialvision
🆓Tellor (TRB) May-28 #TRB $TRBTRB has just been rejected from 75$ zone and is heading to 55$ zone then may generate new rally up to 90$ or even 130$ zone in June. But if it loses 55$ zone, it will fall down to retest 40$ zone again or fall deeper to 20$ zone. So we need to pay attention to 55$ zone 📈BUY -Buy: 53-57$ if A. SL if B -Buy: 73-77$ if A. SL if B 📉SELL -Sell: 73-77$. SL if A -Sell: 88-92$. SL if A -Sell: 127-133$. SL if A ♻️BACK-UP -Sell: 53-55$ if B. SL if A -Buy: 39-41$. SL if B -Buy: 19-21$. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
Short
by CryptoStation
TRB has great potential. :)Hello, I am publishing today my first idea on the pair TRBUSDT , time frame 2h. As always I will be mentioning a few scenarios and for each I am giving the reasons why I think that way. FIRST SCENARIO- The market has been hurt these days by BTC. But TRB seems to recover so fast in the area between 87-96.5$. Even though we can clearly see a downtrend in this time frame, looking at the RSI, it shows a small sign of a bullish trend. However a lot of volume is needed, because if not, The RSI may show a bearish divergence. However I expect at first a small drop between 76-86 area, in which is a very buying opportunity. I think there will be at least another drop in price. In that area is a great moment to buy. If you want to have a SL, I would recommend it to be under 74$. But TRB recovers very fast, and to me it has great potential with this movement it is doing. SECOND SCENARIO- If the daily candle closes as a hammer, probably in a few hours we could see movement in the area between 87-94$. We could be witnessing a trend reversal and the price may hit the TP of 125-127$. However it is critical to see how the daily candle stick will close and if there will be another drop of BTC and all the coins. Trade with caution and be careful while trading. TRB is very good, and recently it has recovered quite better. Be patient. If you do not feel like trading in this volatile market, step aside. Hope you liked my idea and you are free to comment for everything. :)
by UnknownUnicorn17670525
TRBBTC. Newly listed on Coinbase.Is buying crypto for less popular coins a pain? Yes, it is. Figure it out techno-geniuses. Is buying crypto on Coinbase's tradeable list difficult? No, it is not. By logical extension: I bought TRB. That does not stand for terriblecoin. I would invest heavily in terriblecoin. -------- This is my first attempt using a gann square. I am not a carpenter. Redirect that energy please. Perhaps into a mechanically powered generator. At a relatively distant location from myself preferably. Much appreciated.
Long
by emehoke