TRB/USDT looks bearish!Hey,
Our attention caught TRB coin. From the 29th of August is had major crash where price fell to it's support zone to $18.5 where pulls tried to pump the price up but shortly after the attempt bears took over! As we see there is not much of a volume here so is a setup we are going to follow for now! Of course we will need additional confirmation which would be reaching $17 zone.
What do you think about this coin guys?
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TRBUSDT trade ideas
TRBUSDT | HOLDING KEY ZONETRBUSDT has been trading with in a descending triangle. The price looks ready to break the congestion zone.
On longer tf, the pair is trading in a bearish trend . It has taken support from the horizontal zone.
We are expecting a bullish trend after break above of descending triangle.
What do you think of the idea?
TRB trend lines and fib levels#TRB/USDT
$TRB touched 0.5 fib level of weekly swing down and dropped to support zone which is the same with support zone around $20.
🐮 holding above this support zone, and after several days of sideways move between $30 and $20, it can head up to descending trend line which is the same with 0.5 fib level again.
break out from this level will increase price to resistance zone around $60.
🐻 breaking down from support zone will drop price to descending support around $3!!
Long TRBTRB just bounced off a strong daily support and we have some bullish divergence here. This final drop was a Wave C corrective move and we are now ready to make a move back up. The risk to reward ratio is too good to pass up on. My first target is the 0.618 fibonacci level and this could be an exit pump. I would highly consider taking profits at that price. In the meantime, pump it.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
WYCKOFF and SMC STRATEGYFirst of all i would like to congratulate for those who follow my signal its not guaranteed work but its base to the mobility pattern of the prices.
Will my TA for today is about in trb. Itslook consilidation at the 15mtf but its 4h ob in the support. What i see is wyckoff accumulation inside the consilidation. Two sow and if we compare the ll ,present ll surpassed the previous ll of the swing which give more weight to have a long position because soon price will rise
TRB FUD & Short Sellers will get REKTTRB after decling from mid 30's to 18 over FUD is now consolidating before it shoots to mid 25 liquidating the short sellers.
From 25$ we could once again see 30$ depending on the magnitude of the short squeeze.
Have your stop losses at 15$.
Do your own research. NFA
TRBUSDT SHORTI expect TRB to lose momentum go back to at least 21 daily MA . As you can see MACD start to close its distance and it seems that it will cross down soon.
when i check trend based fib extention , it extended until 4.236 fib extention and it stopped its moving upside progress.
And you can also see that there is divergence between price and RSI , price makes higher highs but RSI doesnt make higher highs , so it means it is losing its upside momentum.
It seems this it the end of increasing wave and there will be a correction which can go to at least 21Daily MA which is at 31 and it can go down to 35 Daily MA which is at 26.
Disclaimer: The purpose of this anaşlyse is for educational reasons , this is not a trading advice , please make your all decitions according to your own risk analyse.
TRB SHORTI think TRB decline will continue. It came to its first resistance and today it has got some response increase till its resistance.
I guess it will continue to decrease its 35 sma daily which is 33.27usdt and then target will be 28usdt as a big resistance.
disclaimer: purpose of this post is educational. this post is not an investment advice.
Tellor (TRB) formed bullish Shark for upto 26% pumpHi dear friends, hope you are well and welcome to the new trade setup of Tellor ( TRB ) token with US Dollar pair.
Now on a 4-hr time frame chart, TRB has formed a bullish Shark .
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
TRBUSDT SHARKShark
The Shark pattern is a distinct 5-point reversal structure that was discovered by Scott Carney in 2011. It is similar to the Bat Pattern, except for the C point exceeding the BC leg. It can point to a strong counter-trend move. The potential Reversal Zone (PRZ) is defined by the following harmonic levels: the 0.886 retracement of initial leg and the 1.13 reciprocal ratio of the initial leg. Targets can be various retracements of the CD leg, all the way up to C itself. There are different methods of determining where the stop would go. Some put it beyond the next structure level after the D point, others choose the 1.41 extension of XA.
Conservative traders look for additional confirmation before entering a trade based on an indicator value, a specific candlestick pointing at a reversal or confluence with other methods. The Shark pattern can be either bullish or bearish. It is as effective as other harmonic patterns and a common variation on trading this pattern is to trade the last leg to completion. TradingView has a smart drawing tool that allows users to visually identify this price pattern on a chart.