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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.
BINANCE:TRBUSDLong
by SaeedSalehinia
1
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.
BINANCE:TRBUSDLong
by B9A-88652-NisarAhmad
$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.
COINBASE:TRBUSDLong
by benjihyam
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.
BINANCE:TRBUSD
by MladenJelic
1