TRB Tellor to 320x super fast?- Unbelievable! Uncut Gem!!!TRB did a massive 80x starting Jun 2023 till Dec 2023 in 200 days! It has been consolidating for 350 days since its peak. There is a massive Elliot wave at play since Nov 2019(12345 on the chart) on the weekly where it has respected the 61.8 fib level and has started it's third wave which is the most aggressive and the most rewarding wave. We all know that all waves form smaller Elliot Waves within their paths and the and TRB just concluded its 2nd wave on the short term (ABCDE on the chart) with a breakout and retest. The short-term 3rd wave (B-C) is yet to begin and could take TRB up pretty quick and fast. With massive crypto exposure and adoption and the Alt season starting, this is an Uncut Gem that is way undervalued! DYOR before you ape into this amazing project!
TRBUSD trade ideas
Tellor (TRB)Tellor is a decentralized, transparent and permissionless oracle protocol that supplies data that can be requested, validated and put on-chain permissionlessly with data reporters competing for incentives of TRB. Data reporters bring valuable information on-chain for a wide range of DeFi applications. Anyway, TRB analysis is straightforward; after TRB made a 5 waves upward impulse wave, it went into correction which unfolded in a complex pattern. Then, TRB broke the major downtrend line and went up strongly. This kind of momentum signals bright future; also, waves count confirm such potential too. Let's see what happens.
Potential inverse h&s on TRBUSD to keep an eye onThe right shoulder hasn’t completed yet so there’s always a chance this doesn’t play out. Especially if any unforeseen black swans are looming in the near future. However, considering Q4 should likely be bullish at this phase of the market cycle, there’s also a good probability of this pattern playing out so I’m posting a chart of it here so I can easily keep tabs on it later. *not financial advice*
TRB Identical Bullish SetupEasily a run up to 0.0% Fib above $100 is on the horizon. I doubt a run up to $500 though. I would go with market orders on this position as setting up limit sells creates resistance for yourself and so if you wanna see bullish gaps again like previous TRB Bullish Peaks go market orders. Don't be greedy. Get your preset exits and leave. Be Cautious Jumping Back In During TRB runs. You play with fire...you'll get burned.
TRB/USD
The "cup and handle" is a technical analysis pattern used in the stock market and other trading markets. It is a bullish continuation pattern that marks a consolidation period followed by a breakout. The pattern resembles the shape of a tea cup, with the cup being a rounded bottom and the handle being a smaller consolidation to the side.
Key Characteristics of the Cup and Handle Pattern
Cup Formation:
Shape: The cup is typically U-shaped and resembles a rounding bottom. It indicates a period where the stock or asset was in a downtrend, followed by a gradual recovery back to the previous high.
Duration: The cup can form over a period of 1 to 6 months. The longer the cup, the more significant the pattern.
Handle Formation:
Shape: After the cup is formed, the handle appears as a short-term consolidation or slight pullback. It often takes the shape of a small descending channel or flag.
Duration: The handle usually lasts from one week to a few weeks.
Breakout:
Trigger: The pattern is confirmed when the price breaks above the resistance level defined by the peak of the cup.
Volume: Ideally, the breakout is accompanied by a surge in volume, indicating strong buying interest.
How to Trade the Cup and Handle Pattern
Identify the Pattern:
Look for the characteristic U-shape followed by a smaller consolidation period.
Ensure that the handle is forming near the previous high of the cup.
Set Entry Point:
Enter the trade when the price breaks above the resistance level (the peak of the cup) on increased volume.
Set Stop-Loss:
Place a stop-loss order below the lowest point of the handle to manage risk.
Set Target Price:
Measure the distance from the bottom of the cup to the breakout point and project that distance upwards from the breakout point to set a target price.
$Tellor 10X Ahead? Back to $300?The COINBASE:TRBUSD chart looks like one of the best charts out there at the moment, but I still think there's a bit more downside ahead before a big run.
I think Tellor has one last leg down to $28.60 or $35 supports, then I think we'll see a big surge higher in the coming weeks back up to retest the highs in the $300 range (which would be a 10x move).
I think the move down is likely to happen before that May 31 pivot and I think we're likely to see the highs hit before August.
Let's see how it plays out over the coming weeks.
TRB possible Pump!As it is depicted on the chart TRB have been able to break through an important SR Line which has acted accurately several times in the past and now is making a retest to that level…
If this level holds despite the current Market condition I believe TRB can have a good rally to the upside possibly…lets see how its gonna play out.
Always a Student.
SHORT this shitcoin TELLOR $TRBUSD, JUST AN IDEA?Breaking through prior support, turns resistance.
We are still in a bullish channel. To validate the short trade, BINANCE:TRBUSD must close below $127 on a significant time frame in order to confirm the downward trend. Until then we are awaiting confirmation, but pressure to the downside seems imminent.
More explanation on this trade later.
TRBUSDRSI weakes slowly.
If owners of TRB don't come up with something, the price should go down, maybe to 90 usd? But who knows...with a small amount of coins in hands of owners price could go anywhere and price is depending of owners definitely.
We will see.
It is a just mi opinion not financial advice.
TRBUSDNow you see what is power. You withdrawed most of the coins from the market and then with a small amount you manipulatively raised the price to the sky. Nobody buys the higher price because TA shows extreme overvaluation. Then you manipulatively raised the price of the coin even more. Soon, the team from TRB will be calling from various locations around the world, from which they supposedly work tirelessly to raise the price by trading among themselves and sell a part to the naive. After all, I guessed the price correctly. It is devastating that people are being legally robbed of their money without any control by making them buy TRB which intrinsically has no value. This is about selling coins to the next fool.