TRB
TRBUSDT (TRB) - POTENTIAL BREAKOUT ANALYSIS 🔎
- TRBUSDT is consolidating in a symmetrical triangle pattern.
- Breakout is imminent.
BUY ENTRY ⬆️
- Breakout above the symmetrical triangle's inclined resistance.
TARGETS 🎯
- Horizontal resistance levels (R1, R2).
- Projected ascending channel resistance.
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.
DIA leading TRBDIA leading TRB
As the title says, DIA is running on the cycle slightly ahead. This creates opportunities obviously.. :) But they are quite in the lockstep movements.
Because of the supply and some of the tokenomics I decided to jump the DIA ship and board TRB instead.. that may have been a dumbass move. One problem is the per token cost of TRB will put off noobs. They'll buy DIA instead as they just get more. But we shall see which prevails.
Seems DIA also uses more of a centralized database within the functionality of their oracle service, which kind of defies the whole point of decentralized oracles. My friend brought this up and it kind of put me off DIA a bit.
Regardless these are two rather obvious oracle small cap plays, which no doubt will pump like crazy at some point in this cycle. They actually have some utility.
glhf
TRB 1H BUYSet some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
TRBUSDT - DOUBLE BOTTOM ANALYSIS 🔎
- TRBUSDT is printing the double bottom trend reversal pattern on the daily timeframe.
- This is a bullish pattern.
BUY ENTRY ⬆️
- Breakout above the neckline resistance (R1).
TARGET 🎯
- Resistance 2 (R2)
SETUP INVALIDATION ❌
- Breakdown below the previous swing low.
TRBUSDT - Potential buy entry 🔼TRBUSDT is printing a falling wedge pattern.
Price brokeout above the wedge resistance.
Price action is printing a minor ascending triangle pattern.
Buy entry ⬆️ - breakout above the ascending triangle resistance.
Target 🎯 - resistance level.
Setup invalidation ❌ - breakdown below the ascending triangle inclined support.
Tellor (TRB) Inverse Head & Shoulder (IH&S)TRB is forming the inverse Head & Shoulder (IH&S) pattern. We will see a good rally in TRB after it breaks the neckline. The main resistant zone is 900 and after that TRB will skyrocket.
Buy Zone: 660-670
Target: 740-810-900-1050-1270-1500-1800
Stop Loss: 574
$TRB/USDT 12h (Binance Futures) Ascending wedge on support#TellorTributes seems to be holding the up-trend, time to swing!
Current Price= 24.159
Buy Entry= 24.002 - 22.402
Take Profit= 25.896 | 29.046 | 31.517
Stop Loss= 20.498
Risk/Reward= 1:1 | 1:2.17 | 1:3.08
Expected Profit= +11.64% | +25.21% | +35.87%
Possible Loss= -11.64%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 720h
TRB/USDT Triangle Broken: Long IdeaTRB/USDT has broken its wedge today. The break went with sufficient force and volume, which makes me believe we will see some more bullish action coming in the next few weeks.
Im eyeing the last two highs which touched the upper trend line as potential exits, Resistance 1 and Resistance 2.
TRBUSDT - Ascending channel TRBUSDT has been printing an ascending channel pattern since October.
Price is testing the ascending channel support.
We could see a bounce off the channel support ⬆️ or a breakdown below the channel support ⬇️.
Possible price actions are indicated on the chart.
TRBBTC 12H long setup; Targeting top of the accumulation zoneTA Explained
TRB ranges in this horizontal zone for some time now. After the bounce on the support zone and the break of the descending trendline a upward move can be expected. After the break of the TL a pullback into the entry zone would be the best way to enter a position.
SL can be pretty tight because the setup will be invalidated if support is lost.
Trade setup
Best entries: 0.001254 -0.001322
TP1: 0.001642
TP2: 0.001893
TP3: 0.002299
SL: 0.001141
RR: 6.82
Max leverage: na
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
TRB/USDT Strong Bullish MovementTRB/USDT saw some strong movement today and yesterday. It convincingly bounced off the lower trend line which it has been following since early October.
My prediction would be that TRB will continue to rise till it reaches the $34 area. After reaching $34 it might consolidate for a while, risking a reversal.
Tellor 8h Mid to Long term tradeTellor looks to have entered into a range.
Since its near bottom of range it is a good risk adjusted spot.
This is not trading advice nor is it how I will play this.
I just like to draw lines and color.
enjoy.
