TRBUSD trade ideas
Tellor (TRB) within ascending triangle; bullish breakout?Here's one of the charts that I have decided to share, among the few alts that I am presently treading alongside with BTC.
Trading alts IMO is in a way trading BTC, with leverage, w/o the risk of being liquidated.
Trading w-pattern breakouts within an ascending triangle. Waiting for breakout above the ascending triangle (thick solid green lines).
Note: Measured move of the 2nd w-pattern is above the ascending triangle.
Ichicloud *just* turning bullish on the 4 hourly.
Cyber Ensemble already signaling a (S)ell signal again, with TD at a 9. TRB likely to at least come down to retest the dotted support line again.
Breakout point at ca. 77 USD.
Measured move target of the 3rd large w-pattern (highlighted by the blue line) breakout above at 108.8 USD.
Measured move target of the ascending triangle breakout at 112.9 USD.
---
Whether bullish move can be sustained will depend on BTC, see also:
TRB looking bullish??? 3 critical key factors IMO1.) If the green candle I have highlighted on the 4 hour chart can stay strong and close above the descending line of resistance (orange). (2) break through the top resistance (3) bounce off top resistance retest and form support ( wait for atleast a 1hour candle that opens and closes after bounce above newly formed support line) we could expect a nice run to the upside. Not financial advisor happy trading and best of luck!!
TRB - TELLOR - Oracle madness will begin soonTRB - TELLOR - Oracle madness will begin soon
LINK has been floating rather dead in the water for months while everything else pumped to high heaven. DIA and TRB have done well but not stellar.
I expect we have an 'oracle season' soon. DIA and TRB will boom imo.
This initial target is just the beginning. I expect it will do much more than that. Will update as we go.
I chose TRB over DIA because of 3 things;
1. DIA basically uses a normal centralized database with some on chain verification to make things faster and cheaper. but imo that kinda semi destroys the point
2. The tokenomics on DIA are not as good. and the team has wayyyyy to many to work with and dump etc.
3. TRB is lagging in ranking #, around #347 today! thats a large amount to pump it into the top 100 which iam sure it will get to.
glhf
TRB - following CRV's path to ValhallaTRB - following CRV's path to Valhalla
yup, just a bit more squished compared to CRV's Giraffe pumps. But she should follow suit. Similar with DIA. they should do the same thing. defi was getting pumped as a whole before, they should cool off here, and these smaller minnows will go hard soon after the bigger caps run here (see what ADA just did).
Buckle up. Lets get it.
TRB updated linear regression analysis...LONG TRB - bouncing of lower linear reg channel
target 1: sell 1/2 upon reversion to POC @ 24.43
move stop to BE.
target 2: 32.5 or trail with 4 hour ATR trail stop
===========================================
Tellor is a permissionless community of token holders,
data providers, and validators. Together, putting cryptographically secure real-world data on-chain.
TRB bullish set up...updated chartHigh Probably / Low Risk E.P. // Tellor is a decentralized Oracle for bringing high-value off-chain data onto Ethereum. The system utilizes a network of staked miners that compete to solve a PoW challenge to submit the official value for requested data. To properly incentivize the network, Tellor mints a token called Tributes (TRB). They are to be used by miners to stake, they are used to reward miners, by users to request data, and token holders can vote on disputes of data validity.
Tellor is a token based on the Ethereum blockchain. The most actual price for one Tellor is $23.23. Tellor is listed on 8 exchanges with a sum of 18 active markets. The 24h volume of is $13 338 288, while the Tellor market cap is $35 265 573 which ranks it as #191 of all cryptocurrencies. You can find more information about Tellor on tellor.io