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TRBUSDT

TRBUSDT.1DAnalyzing the daily chart for TRB/USDT, I'm observing several key technical indicators and price patterns that guide my trading strategy. Firstly, the price action shows a declining trend from earlier highs, followed by stabilization and a potential reversal pattern forming in the recent sessions. Resistance and Support Levels: Resistance 1 (R1): $103.99 - This level was previously tested, showing significant sell pressure. It is a crucial barrier for any bullish momentum. Resistance 2 (R2): $123.66 - A longer-term target that would require substantial buying volume and positive market sentiment to reach. Support 1 (S1): The chart does not clearly state the value, but it is lower, possibly around the most recent lows. Trend Analysis: The descending trend line highlighted in green shows the ongoing bearish pressure. However, the recent break above this line could indicate a change in sentiment if the price can sustain above this breakout level. Technical Indicators: Relative Strength Index (RSI): Currently at 68.7, approaching the overbought territory. This suggests that the market may be gaining bullish momentum, but also warns of potential pullbacks if it crosses above 70. Moving Average Convergence Divergence (MACD): The MACD line (blue) above the signal line (orange) and a positive histogram value indicate bullish momentum. The widening gap between the MACD and the signal line further supports the bullish outlook. Candlestick Patterns: The recent candlesticks show increased buying activity. The breakout candle that pierced the descending trend line is particularly significant, supported by higher trading volume, which often signifies strength in the move. Conclusion: Based on the current setup, the market shows signs of a potential reversal from its previous downtrend. Key strategies would involve watching for a stable hold above the descending trend line and targeting the first resistance at $103.99. Any trades should be vigilant of the RSI nearing overbought conditions, which might lead to a retracement. Setting stop losses just below the recent swing low could be prudent to manage risk. If the momentum continues and the market breaks above R1, the next target would be R2 at $123.66, provided that market conditions support further gains.
by MarsSignals
TRBUSDT - market is at EDGE. What's next?#TRBUSDT... market very well holding his bottom as you can see our last idea about TRBUSDT, We were mentioned that support and market very well hold and placed around 103 105 high.. So guys thing is that we have same supporting area for now again and still valid in weekly and monthly chart.. Keep that supporting region and untill market hold that supporting region , there is no selling confirmation .. Buy only above that region with stricted stop.. Good luck trade wisely
by AdilHussain731333
TRB/USDT Keep an eye on the OB potential significant bouncing!💎 TRB has recently shown significant market dynamics, with potential for a retest of the bullish order block (OB) area before a significant breakout from the descending channel. 💎 However, if TRB breaks the pattern without first retesting the bullish OB area, it could still continue its upward movement and potentially reach our target strong resistance area. 💎 When TRB reaches the bullish OB area, it's crucial for it to bounce and resume its upward trajectory. 💎 Failure to sustain this area, leading to a breakdown, could signal bearish momentum and result in further downward movement for the price.
by MyCryptoParadise_Nathan
6
TRB : SHORT SIGNAL : DISPROVING THE "SCAM COIN" MYTH Following the BTC retracement it's become clear what the likely bottom will be for TRB. There's been a lot of opinions regarding my previous post and how bad it was.. Sure.. I overestimated the target, but in my defense, I did call the trade and suggested setting a stop-loss at $160 in the event it did come down, which would have seen anyone that traded the signal, close their position in the money.. Whatever.. This trade appears more clear-cut and presents an opportunity to follow it down as it halves in value from current levels.. The setup on this trade: My suggestion: Enter short at the current price : ~$116.00 with about half the intended size position.. Set a stop-limit short order around $98.00 for the rest of the allocation.. Target: ~$60.50
Short
by Rebelmedia
9
TRB gives me hope for GLQHere is a fractal comparison of TRB and GLQ, Monthly charts. If GLQ were to play out similar to TRB structure, we could see a monthly bearish stophunt in March (red Month), consolidation with a push higher in the following month(s). Currently GLQ is at a 25M market cap, low imo, and the halving and bull market is just getting warmed up. Please like share and boost. Comment if you want me to start streaming. Not financial advice, just my 2 cents Thanks for your time!
by Cosmicbag
2
#TRB Pull back in time H4In time h2 and h4, after reaching the supply area, it has faced a correction, and this correction can be reversed in the green box area after floor formation and confirmation until the next supply area continues its growth. Therefore, in the green box area at time h1, you can look for confirmation. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.
Long
by alikze
1
This digital currency is in an upward trendThe important ranges of support and resistance for this currency were determined, also the possible movement in the daily and 4-hour time is presented in this video. Due to the fact that we are in a resistance range and we also have a negative divergence, we know that the probability of a fall for this currency is higher. Friends who are risk takers can enter according to this position. Also, if you have this currency, you can proceed according to the analysis for reducing the average limits.
Short
by karaco2022