TRBUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in time frame 4 hours a day. . As you can see, the price is moving within an uptrend channel. We intend to enter the trade after breaking the resistance line for the above goal. But if the price penetrates below the support line, we consider the fall.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
TRBUSDT
TRB Exemple of possible bottom, unlike TomoUSDTHi,
Here is an example of a potential bottom on 4H, up to 12H time frame, for TRBUSDT. The daily candle is currently not closed yet.
On the 12H, we can see a candle with a relative big wick at the bottom, like on the 22.06.2021 at 14h00.
On the 12H RSI has make some bullish Div, and Stochastic as crossed to the upside from a low level. It's look like bullish to me.
Bullish Div detected the 19th of jully at 14h00 on 4H :
With a Bullish div confirmed yesterday 19th of jully at 14h00, on the 1H time frame, and with a bearish trend line broken today at 09h00, re-tested a little bit bellow at 11h00
There is a bigger down trend line on the 4H. if this trend line is also broken, than the target can be higher.
I'm just not sure yet of the potential target. If TRB can go to the top of the 4H-12H range at arround 41-42, or not.
Have a nice day to every body.
Regards
TRB/USDT Long Short-Term TradeIndicators
4H & 1H RSI shows that TRB/USDT is looking to break 50s level after ending a small bearish pattern three days ago as graph shows strong support in that area.
MA CROSS (50,100) lines are about to confirm a bullish cross after almost three weeks in 4h & in the 1H chart bullish cross is just running but facing sideways daily crosses.
ADX (4H) on DMI below 20 which often indicates "non-existent trend" and reached a line resistance between 14-15 points, bearish for now. DMI+ (4H) battling trend reversal with DMI- with no trend power from ADX.
Pattern
(4H) Measured Move Up (1H, 30 min) Bullish Symmetrical Triangle Break
Conclusion
Conclusion
Trade set up based on short term support @38.00 as well as a 12-day bullish trend. Price just bull broke the triangle pattern and confirmed by bouncing off midterm bearish trend line. As it holds up, target is to find profit off this breakout of the overall bearish momentum in the crypto market. Profit targets were set up based on the Long Position tool upon the already marked support and resistance prices. Entry Level must be from a lower price range to gain short term RSI strength to then proceed to first target just discussed. The four profit targets shall go to 7% while max downside is 3%.
How I think most ALTS will moveHere are some of many
*Doesn't matter which coin, I just wanted to see the pattern they all shaping
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. :)