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TRB 2-4 Long / Tether

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TRBUPUSDT trade ideas

TRB Decending tyriangleTRB UPDATE: TRB tested the daily and weekly TF resistance and we saw a big rejection from there….. So, what is next to be expected on TRB is the controversial question from most traders now but is easy to say because right now TRB is creating descending triangle on 30mins TF there is two scenarios I will be looking at from here…. First scenario is for TRB to retest the 30mins bearish OB above as indicated in the chart before further downside movements OR Second scenario is for TRB to break the support on the descending triangle…. In short, any break of the descending triangle will trigger sellers to come in and pull the price down to 4hrs support…. Watch out for the breakdown and take good short from retest of the resistance….. Follow for more market update
Short
by MICHELXM
8
TRB – Break Support and Down You GoTRB broke below the support trendline of the Rising Broadening Wedge. The 21D EMA and the weekly S/R level at 46.7 is still holding Tellor’s price. As long as these support levels hold it could still try for higher. If TRB drops below these supports, it could retrace most or all of its gains. Wait for a retest of the 21D EMA as resistance before taking the trade (Assuming you are interested). Look for a break below the RSI support as confluence. A move down to the 200D EMA, at least, is likely, IMO. Trade Idea: • Entry: 45.5 (Retest of the 21D EMA as resistance) • SL: 51 (ATR) • Target: 13.5 • TP: TP1: 50D EMA, TP2: 200D EMA. • R: R: For TP1: 1:1.55. For TP2: 1:4.4. For TP3: 1:5.93
Short
by NewThoughtCrypto
📊#TRB is close to TP zone, there is still a chance📈🧠Yesterday, I made a purchase myself after breaking through the previous high. As I said yesterday, because there are still unrealized targets above, although we did not come to the support area according to the expected path, because we broke through the previous high, so I have reason to think that it is very reasonable to continue to move higher to the TP zone. ➡️Therefore, the trading logic is determined and the goal is determined, so all that needs to be done is to formulate a trading strategy and execute it. ⚠️Having an opportunity does not mean it will definitely come true, so risk management is an essential part of the trading system. 📝Any transaction is based on a plan to make money, a plan that can achieve stable compound interest in the long term, rather than going long because the price is low or going short because the price is high.📝 💌If you can't grasp the rhythm of futures trading, please follow Wolf king footsteps and print money together.💰🍻
Long
by wolf_king888
TRB at Risk of Dropping Out of Its Positive Price ChannelTRB's recent price increase in the last 24 hours continued the upward trend it has experienced in the past few weeks. Since August 22, the cryptocurrency has consistently achieved higher highs and higher lows, forming an ascending price channel on its daily chart. This positive trend allowed TRB's price to surpass both the resistance levels of $50 and $79.35. As of the current moment, the altcoin is still trading above these significant price levels and is making an effort to break through the next barrier at $109.50. Earlier today, it tested this threshold, but encountered resistance from bears, causing TRB's price to retreat to its current level. Nevertheless, there is still an opportunity for TRB to conclude today's daily trading session above $109.50. If it manages to do so, it may continue to follow the positive price channel depicted on its chart, potentially leading to a further increase in its price, possibly reaching as high as $164.85 in the coming days. Anticipating a Correction Traders and investors should be mindful of technical indicators on TRB's daily chart, suggesting the possibility of a short-term price pullback. At the moment, both the Bollinger Bands (BBANDS) and the Relative Strength Index (RSI) indicators indicate the likelihood of a slight decline in TRB's price. Firstly, TRB is currently trading above the upper level of the BBANDS indicator, which is typically viewed as a sell signal by traders. A look at the altcoin's daily chart reveals that whenever TRB's price previously breached the upper level of the BBANDS indicator in recent weeks, traders took profits, resulting in a drop in the cryptocurrency's price to the 20-day Simple Moving Average (SMA) line before it resumed its upward movement. What distinguishes this recent breach above the BBANDS indicator from previous instances is that, at the present moment, the 20-day SMA coincides with the lower level of the ascending price channel. Consequently, a correction in the next couple of days could potentially push TRB out of the positive price channel. Should TRB break below this channel, it may target the $50 support level in the short term. Confirmation of this bearish scenario might occur if TRB falls below $79.35. Adding weight to this bearish outlook is the fact that the daily RSI indicator is also in an extremely overbought condition, typically interpreted as a sell signal by traders and investors.
Short
by StevenWalgenbach
TRB After A Huge Success. We Try Again To Open A Buy Trade. **Short Fundamental** TerraBridge (TRB) is a cross-chain bridge that connects Terra with other blockchains. It was created by Terraform Labs, the same team that developed Terra. TRB allows users to transfer assets between Terra and other blockchains in a secure and efficient manner. **Recent News** * On October 24, 2023, TerraBridge announced that it had integrated with the Avalanche blockchain. This integration allows users to transfer assets between Terra and Avalanche. * On October 25, 2023, TerraBridge announced that it had launched a new liquidity pool on the Osmosis DEX. This liquidity pool allows users to swap TRB for other assets. **Disclaimer** This information is not financial advice. Please do your own research before investing in any cryptocurrency.
Long
by MoonTradingForecast
📊There is also an unrealized bull TP zone above #TRB⚠️short⚠️🧠As expected, the TRB reached the expected target zone and made a correction of 18.45%. But we did not continue to fall, because there is still an unachieved target area above us, we do not know whether the target will be achieved, but it is possible, the nature of trading is to exchange risk for income, how to make a trade-off, everyone has different views. ➡️I'm more bullish, so are you bullish or bearish? 👇Let us know in the comments section👇
Long
by wolf_king888
📊#TRB surges based on two bullish structures, where is the TP❓➡️We are in a strong long position in terms of the large structure. Currently, we have a double-bottom bullish structure and a smiley face bullish structure as supporting motivations. While we are strongly bullish, we also need to be wary of a sharp retracement after achieving our goals.⚠️ ➡️When we reach the TP zone, the action we should take is to reduce our holdings or take profits.⚙️ 🔔If you think my analysis is useful to you, please don't forget to "like" me.✔️💯💪🍻 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
#TRBUSDT.P - NEED CORRECTION I THINK ...Yes Friends, I am thinking of making two trades tonight. The first one is #TRBUSDT.P. I see it is time to correct again. Although it has not broken the trend line downwards, it is a negative mismatch for the price to pull itself up while the volume is going down. Therefore, I expect the correction decline to come in a few hours. In fact, this is for #TRBUSDT.P '' It could be a "That's enough, walk to the bottom" move. But as far as I'm concerned, it's not a big position right now. If I summarise; I'll wave goodbye at $66.5 :) Good luck. None of my statements are investment advice.
Short
by Binanciega
2