Tellor (TRB) a hidden gem, will previous price action repeat?Hello again dear reader for a another analysis.
From August to December 2023 TRB has seen a MASSIVE move of 7000% gains over the course of just 126 days. Since then it has corrected a whopping 96%!
There is now a reason to be bullish on this coin. Looking at the drawn structure we can see multiple important touch zones described with the letters ''A till F'' (NOT ELLIOT). It is quite possible price action might correct further till 19$ where a big support zone lies, but there is no guarantee that ''will'' happen.
Target: 1200$ (M-cap of 3B which is very achievable)
Stoploss: 15$
I aim to keep analysis simple and easy to understand. Any questions of requests for analysis feel free to ask!
Rustle