TRBUSDT
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.
$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 - possible triple bottom forming?Hi all !
I like to keep it simple with the top quality alts. Fundamentally, we do not need to spend any words on the Oracle projects like Tellor. These projects are "less risky" if we consider them as a long term players that would achieve new ATH for sure.
After my LINK/USDT analysis which is going according to the plans, I think that if the market keep with the momentum that it had these last weeks, we might see an explosion in the TRB/USDT pair as well. Besides very healthy chart which we can see: healthy push after Binance listing and then healthy retracements to find the natural support are very good signs for sure.
If we keep today's daily lows, we might have triple bottom formed as marked on the chart. That's very bullish sign and if the price confirms that, we could target 145% + profits (Daily Resistance 2) in the coming weeks. However, if that plan does not come through, I would happily follow new signals and keep DCA-ing projects like TRB.
Thank you for your time !
I would also like to hear your thoughts on possible TRB movements in the near future. Your comments and support are much appreciated !
p.s. feel free to check my LINK/USDT idea and tell me your thoughts about it as well.
Happy trading!
TRB/USDT (4x Key Support Retest)💎Technical Analysis Summary💎
BINANCE: TRBUSDT
-TRB is back at its key level of support around 19 dollars
-This will be the 4th time it will be tested
-This is crucial for this coin because the support becomes weaker over time
-Please let this be a warning and plan your trade
-Always your proper stop location
-But if you are looking to short this market
-Wait for the support breakdown confirmation
A big Thanks for donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
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
A big Thanks for donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````