$TRBUSDT poised to continue its bullish trend IF CONFIRMEDThere's a high probability that TRB is bound to create another high after continuous creation of higher lows in the 4 hr timeframe and showing possible downtrend reversal in the Daily timeframe. Both MACD and Stochastic RSI indicators says that the pullback might be over and reversal may come soon. We're just waiting for that trigger long green candle to make this thing blow up again.
TRBUSDT trade ideas
🔥 TRB First Oversold Bounce In 2 MonthsTRB has been one of the biggest winners of the last two months, doing a 14x whilst most other crypto's only did a 2x-3x.
It was a matter of time before TRB corrected. Patient bulls like myself have been waiting for this opportunity.
Since TRB hit oversold levels on the 4H chart for the first time since late September, this might be the perfect time for bulls to step in for a swing-trade position.
Stop below the recent swing-low, target at 230$.
TRB SHORT The volume of transactions to CEX is growing
On the 8th of Nov The price of the TRB token plummeted by 35.25% after three major players transferred 157,258 TRB (14.7 million dollars) to Binance, leading to the liquidation of traders' long positions.
In general, the TRB token has a high concentration in the hands of the market maker DWF Labs. According to Spotonchain data, as of August 31, 2023, 19 wallets accumulated 1.12 million TRB ($106 million), representing 43.9% of the total supply.
TRB TELLOR: Looks Like It will Fall Off Soon?This is my analysis of BINANCE:TRBUSDT based on available data. It has enjoyed a massive pump in the last couple of weeks.
For the first since it started pumping, it showed a sign that bulls are getting weak.
We are going to capitalize on this and open a position.
What are your thoughts about this? Share them in the comment box.
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Cheers!
TRB │ SHORT │ 11.11.2023BINANCE:TRBUSDT.P
Comment
I really like this situation.
The instrument dropped strongly, and after such a move, we should expect an equally strong rise as a reaction to the instrument's movement. However, we don't see that. Instead, we observe a normal correction, and for the second day, we see the price getting closer and closer to the level.
Signals for level breakout
close retest of the level;
the instrument gradually approaches the level;
accumulation of energy for level breakout;
a good approach to the level;
consolidation near the level;
decrease in trading volumes before the level;
the instrument is not allowed to increase in price;
there is a reserve of calculated ATR;
the instrument is weaker than the market.
Order parameters (risk-to-reward ratio = 1 to 3/4/5)
Open : 84.9574560;
Stop loss : 86.7951760;
Take profit : 79.4442960 / 77.6065760 / 75.7688560;
Disclaimer
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
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TRBUSDT.P Prediction (1D)My prediction for TRBUSDT.P is that the uptrend will continue and the price will reach 164.471 which is the previous high in 1W chart as shown below:
There are three entry prices:
1. Current price
2. Price if it drops down to the third red trend line (top being the first)
3. Price if it continues to drop down to the final red trend line
I suggest investing 40-50% in the first entry price, for the other two are based on the assumptions that the price will meet the considerable pullbacks.
#TRB Short, Hype is over #TRB
1- What i think Hype is over, money is moving to other coins,
2- One the 1 hour time frame the 50ma and 200ma cross
3- 30 min time frame it didn't brake the 50ma
4- and it did not brake the trend line (the blue line)
5- Volume is declining
6- i did not recover from yesterday that is a weakness in my opinion
TRB analysis🛑 Note: This coin is a risky coin, and both long and short positions on this coin are risky.
Following the advertisements of Huobi and Kucoin exchange in social networks, we saw the pump of this currency and it has made many non-technical moves to liquidate small traders and stop hunting them.
It can have a pullback to the red zone and then witness the main drop. If it reaches this area, it can enter a sell/short position with a stop.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You