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TRBUSDT

$TRB Performing Falling wedge in 15m Keep eye on Breakout Falling Wedge The falling wedge can either be a reversal or continuation signal. As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next. As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern. In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows. Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows. If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips! A good upside target would be the height of the wedge formation.
Long
by Crypto-Adda_Official
TRB/USDT Upward Movement Just make New lower high ?? Hello Paradisers, A Token to Watch 💎 TRB has repeatedly touched a significant demand zone, each time resulting in a price increase. It's now on track to test an hourly supply level. 💎 In its current trajectory, TRB seems to be forming a new upward leg with the aim of establishing a lower high in the supply zone, likely followed by a move to create a new lower low. 💎 However, if TRB successfully breaks through this supply level, it could potentially reach previous higher highs and maintain an upward trend. 💎 For those considering a short position, keep an eye on the supply area for signs of bearish activity or rejection. If you're looking to buy for spot trading, either wait for a confirmed break above the supply level or consider entering at a key support area if the breakout fails.
by MyCryptoParadise_Nathan
1
TRBUSDT Smashes Bearish Chains 💥💎#TRBUSDT has finally shattered the confines of the declining channel on the daily timeframe. For 108 long days, it remained bound by this descending trajectory, but now, a glimmer of hope emerges, hinting at a potential trend reversal. 💎While #TRB steadily ascended, the uptrend trendline proved its significance, consistently guiding the price higher, even up to this very moment. Todays' bounce off the trendline occurred precisely at the $11.68 low, aligning perfectly with the long-term demand area. This exceptionally positive development for #Tellor foreshadows rapid growth in the days ahead. 💎Yet, it's essential to acknowledge that the upper trendline of the descending channel could still act as a magnet, potentially leading to a retest before #TRB embarks on a ballistic journey. However, equipped with the knowledge of the higher probability outcome, we will seize the most lucrative opportunities. 💎Now, let us consider the key to maximizing profits. In the case of #Tellor, the price should aim for at least the double Fibonacci resistance, as clearly marked on the chart. Proper exit strategies are critical for traders, and Paradisers must remain attentive to the previous lower low, for a breach below could be an ominous sign for buyers.
Long
by MyCryptoParadise
TRBUSDT - Trend and Analysis Inspired technical s from a followee. Risky asset, assets have to start somewhere. 24 hour volume 23.22M (low - by that prefer something over 700M). Market cap (low - 33M). Trade with caution. Make sure that you learn from anything you do. Next time Crush It! Timely support on Monthlies seem difficult to find and draw. Because of this, concluding choppy and unproductive, and therefore risky. Having said that, zooming in on Weekly and Daily time frames seem to be more accurate. The latter daily more so. Price levels with what I think are support/resistance levels on left against Tether. On the Right (what Token is this again?), TRB/BTC.. Using FSR (Fractiles Support and Resistance - Indicator on Daily), any Green and any Red a support and resistance, may be an indicator for a breakout or breakdown. OBV looks good and consistent. Be nice to get some fibs on this and possibly a fib channel. Someone?
by hmaroudas