TRB/BTC (Retest Previous Swing Support)💎Technical Analysis Summary💎
BINANCE: TRBBTC
-TRB failed to break the key level of resistance
-The price fell back to near its previous swing low support
-The Bulls must defend this zone otherwise Bears will take the lead
-Wait for any Bullish reaction or reversals before buying at key support
-Reducing the risk by increasing the probabilities of winning is a must
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TRBUSD
TRB/BTC (Potential Bullish Reversal Pattern?)💎Technical Analysis Summary💎
BINANCE: TRBBTC
-TRB is currently forming an inverse H&S pattern
-This is a bullish reversal pattern
-The key trading approach here is to wait for the breakout
-Entering on the neckline breakout will confirm the idea
-And an upside potential is up to 4500s sat
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TRB/BTC possible bottomAs you see traingle formation in the bottom
If the bull can save the trend line support we can see great jump more than 100%
The buy areas can be one of two things :
1-After break of trendline resistance (recommend more safe entery)
2- buying around current price with stoploss break of local trendline support (risky)
TRB/BTC (Another Lower High)💎Technical Analysis Summary💎
BINANCE: TRBBTC
-TRB broke its previous low support around the 1700s sat area
-Another lower high is confirmed and the downtrend continues
-We might see a potential bearish retest
-But the priority of the market is downward
-Always follow your trading plan especially your stop loss
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TRBUSDT: Possible Long (10.09.2020)On D1, a strong divergence has formed between the price and MACD, which indicates the end of the downward movement.
Also, the price broke the borders of the falling wedge pattern.
In the near future, we should expect the price to continue rising in the direction of the upper line of the descending channel.
We recommend buying at the local price correction on H4 and H1.
update on trbsorry guys for late update i was really busy . as you know when a support breaks you sell . so you could sell in two directions . i couldnt really find good data about trb in trading view so i checked cmk , there is a major support left in that direction ( green zone ) . watch it , if it reacts to support next will be 14.5 then 18 . if this support breaks price will go to hell
TRB/BTC (Retested Previous Support)BINANCE: TRBBTC
-TRB is back at previous support area, currently, it is holding up
-The downward trendline resistance is acting a strong barrier
-Keeping the Bears in control in the short term
-TRB must hold 2600 sat range for the next 7 days
-Technically, I recommend buying the breakout above this channel
-This will confirm that the short term downtrend is over
-And the bigger trend which is Bullish will continue higher
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