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TRBUSDT

Long position idea on $TRB [risky!]Quite a simple straightforward trade which could prove to be a big fail considering the FUD going around the project and how it is being called the next $LUNA but from a pure TA point of view this is a very valid trade. Using adequate risk percentage / position sizing is vital and I can't stress enough on that. Crazy funding rates on exchanges right now as well; -1.5% on ByBit right now for an example and that on its own is worthy of a shot at a long imo. Entry and target zones marked. LFG 🚀
Long
by xcitedDelirium
3
TRB trend lines and fib levels#TRB/USDT $TRB touched 0.5 fib level of weekly swing down and dropped to support zone which is the same with support zone around $20. 🐮 holding above this support zone, and after several days of sideways move between $30 and $20, it can head up to descending trend line which is the same with 0.5 fib level again. break out from this level will increase price to resistance zone around $60. 🐻 breaking down from support zone will drop price to descending support around $3!!
Long
by parissap
4
TRBUSDT SHORTI expect TRB to lose momentum go back to at least 21 daily MA . As you can see MACD start to close its distance and it seems that it will cross down soon. when i check trend based fib extention , it extended until 4.236 fib extention and it stopped its moving upside progress. And you can also see that there is divergence between price and RSI , price makes higher highs but RSI doesnt make higher highs , so it means it is losing its upside momentum. It seems this it the end of increasing wave and there will be a correction which can go to at least 21Daily MA which is at 31 and it can go down to 35 Daily MA which is at 26. Disclaimer: The purpose of this anaşlyse is for educational reasons , this is not a trading advice , please make your all decitions according to your own risk analyse.
Short
by onuryoldas