TRBUSDT trade ideas
TRBUSDT | HIT RESISTANCE ZONETRBUSDT has hit the upper boundary of channel, Which is a horizontal resistance zone. The price action took a beat from that resistance zone.
We are expecting a downfall of price from resistance zone towards it support zone. The bears will take control from resistance zone. While bulls will be only in party if price closed above falling resistance line.
Trade your levels accordingly.
TRB trend in 4H is in play - Cryptoz18█ Operation Information
TRB has a lot of bearish orders at 11.85 and the 4H trend is in play, considering a small pullback after the existing momentum is completely valid, we will use a tight StopLoss to try not to get caught in case Bitcoin breaks the daily trend higher .
█ Operation data
• Entry price: 11.33
• StopLoss: 11.55 (Loss 1.94%)
• TakeProfit Minimum: 10.98 (Win 3.09%)
• Type of operation: Short
• Recommended margin: 5% of the Futures account
• Recommended leverage: 5-10x.
• Temporality: 15Min-4H
✔️ Fact: The user is recommended to constantly move the StopLoss to entry or profit in case we are already winning. In this way, if the trend is good, it will never touch it, if it is bad, we only lose money from commissions.
█ Global data to take into account
Bitcoin is currently in an uptrend in 4H. However a lot of bearish orders trying to keep it below the 20500 price. The daily trend is in play, take your precautions.
█ Warning
✔️ Cryptocurrency operations represent a high risk. Therefore, this operation should not be taken as an investment recommendation. All I do is share my trading ideas publicly for the viewer to do their own analysis and decide to enter based on their own decision making. The viewer is recommended to have good risk management in their operations. For this, take into account fundamental data from Volume of the asset, Marketcap, Supply, Percentage change price, Current Volatility, Perpetual Data and finally proper Margin and Leverage management Be careful, you can lose all your money in futures if you have poor risk management. Nothing more to say thank you very much.
📊 TRB re-testing resistance ! What's next?Hello, dear TradingView members.
This idea is a TRB analysis.
TRB pumped more than 16% today, and it's the second time this week that it has tried to break that resistance level.
The price is moving above the upper Bollinger Band, which causes weakness, and sends overbought signals.
However, RSI tells us the market still has room to go higher, which makes two scenarios possible for the near future.
Scenario one:
A breakout:
The price will either pump now or move to resistance levels after getting more support and buy volumes.
Scenario two:
A fake-out:
The price will fall after being around the resistance zone for a while.
The Bollinger Bands are broad, and I used them to show the resistance and support levels. Not entirely accurate, but still practical.
The Speedometer indicator shows Buy volumes on the market for TRB on a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
don't let this fool youthe up trend has a very wide angle and we can see not a strong channel because there are only two points and i won't forget to mention the overbought(RSI), well my expectation is that this is a sign of short signal.
make your own studies and compare with mine.
good luck
abdelhamid
TRBUSDTRB has a big problem.
From very good investment to disappointment of the year.
What was before support now is resistance.
Price could not pass 15usd and that is big problem.
Look at the price, owners or somebody close with them try to raise price more UP and you will buy and then they will sell more and more and just because they want your money.
Dont be naive!!!
Good luck!!!