Keeping an eye on TRBKeeping an eye on TRB
Patiently waiting for the breakout. Flip here and the next leg up is highly likely
TRBUSDT trade ideas
Tellor — Short-Term Outlook Remains BearishAfter Tellor's massive pump at the beginning of May, the token remained in a constant downtrend. Up to today, TRB has retraced about two-thirds of its pump. Moreover, there are currently no signs that this trend will end soon.
Conversely, Tellor paints a mostly bearish chart. Here are a few highlights (based on the 4H chart; however, the daily doesn't look very different):
- The price trades below the Ichimoku cloud, indicating a bearish trend.
- The Kijun line is about to cross the Tenkan line below the cloud — this is one of the strongest bearish Ichimoku signals.
- The future cloud is massively red, indicating a continuation of the downtrend.
If we move away from Ichimoku, things don't get better:
- TRB trades way below the EMA200, which further seconds the massive downtrend.
- Currently, TRB can't manage to break the resistance at 76 USD — this can be seen as the bare minimum to start an uptrend.
- TRB's price is way below the downtrend line that started in May.
Summarized, the overall outlook remains bearish. Let's see if the broader market can provide some support and help TRB gain bullish momentum. However, to go for long trades, the chart setup has to change completely.
TRB Looking Bearish can go upto 40 what you think TRB has been making HH and HL in 1 day timeframe.
It has strong Support on 64 Where it has reverse multiple time. I see that it will test 64 Level again in few day and if its break this level then we can see 40 and less.
Tellor — Bearish MACD Crossover 4H Chart — Retest of 76?On the 4H chart, Tellor was recently rejected at the EMA200 and has been correct since then. Additionally, the token flashed a bearish MACD crossover, which could lead to further downward momentum.
With almost 72%, the signal is solidly reliable for a 5% price decrease based on 28 historical signals.
However, a level of 76 should serve as strong support. If TRB bounces from there, the next logical move is another re-test of the EMA200. A break of the support brings the level of 68 to the table.
#TRB/USDT SPOT LONG ENTRY#TRB/USDT LONG ENTRY
Leverage: 3x
Entries: $78.381
Take profit 1: $79.880
Take profit 2: $86.649
Take profit 3: $94.784
Stop Loss: $73.478
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
BINANCE:TRBUSDT.P
Thanks
The sroced.
Tellor Ready To RollLSE:TRB looks primed for some bullish moves. The token printed a bullish MACD Crossover on the daily chart just today. In addition, Tellor broke through its local resistance at $75 and confirmed it on the daily chart, too.
Moreover, the bullish MACD crossover shows solid results in backtests. Based on 28 appearances, the signal led to gains of 10% and more, up to 71%.
From a trade setup point-of-view, a first take profit goal can be set at $89, leading to gains of ~14%. As 2nd take profit, the EMA200 seems logical, sitting at $92.50, resulting in 20% gains.
A stop loss can be added slightly below the previous resistance at $75 (e.g., 74.5), resulting in a risk/reward ratio above 5!
TRBUSDT..near support ? Holding or not?#TRBUSDT... Well guys market perfectly break 91 and placed rece t lows.
Now market have 77.20 around supporting area, that will play key role in next move.
Keep close it because eif market hold it in that case you can see again bounce from here otherwise below that area next areas are mentioned on chart.
Don't be lazy here.
Good luck
Trade wisely
Tellor Trade Successfully Closed — Signal Indicates More DownsidJust yesterday, I posted a trade setup to short on the 4H chart. With today's market dip we reached the profit target easily.
However, the dip flashed another bearish signal for Tellor, indicating even more downside potential. Here are the details 👇
1️⃣ Trade Signal
Tellor flashed a bearish Parabolic Trader signal on the 4H chart. The signal combines indicators such as the EMA200, PSAR, ADX, and MACD.
2️⃣ Reliability
Based on backtests, the signal shows solid reliability on the 4H chart. In terms of TRB and based on 13 signals, it has a 77% probability of achieving 5% gains.
3️⃣ Profit Potential
The profit target is calculated at 8% and aligns with the TRB's resistance at $82. However, based on the backtest data, it might be reasonable to use two profit targets.
4️⃣ What about the chart?
Tellor's 4H chart looks mostly bearish and, therefore, supports the signal. The token fell below the reversal trendline, which has served as a support area for several days.
TRB analysisThe TRB has a bearish structure but has created a bullish iCH on the chart for substructrue moves.
In the upper part of the chart, we have two liquidity pools.
From the demand range, it can move towards the supply side and then be rejetted.
Closing a daily candle below the invalidation level will cause analysis.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
Tellor — Ichimoku Signal Indicates 5% Dip!Our algorithms identified a bearish Ichimoku signal for LSE:TRB on the 4H chart. The signal indicates a 4%-5% setback.
Here are the details 👇
TRB printed an Ichimoku signal on the 4H chart. The signal combines various Ichimoku indicators and validates the direction on higher timeframes. As a result, it is considered highly reliable.
Backtest Details 🧐
The signal has solid backtest results. Based on 7 historical signals, TRB dipped over 5% after signals flashed in 72% of their occurrence.
Other Technical Indicators 💹
Trend indicators are mainly bearish, whereas momentum indicators show a mixed picture.
What about the chart 📊
TRB is currently showing an uptrend after forming a bottom in early/mid-June. Therefore, based on the chart, a further price increase is likely. However, the Ichimoku price target perfectly fits the U-shape.
As a result, a possible scenario could be another retest of the U-shape before TRB continues going higher.
$TRB updateLSE:TRB is showing some strength as of the time of writing. If BTC will not mess up, LSE:TRB could possible hit the short term target which is around 191-200 level. Based on previous months, TRB followed a clear trend line in 4H amd Daily TF. Right now, TRB seem like wanna form a leg up bouncing from the trend line. Still trying to break the 50 and 200 MA that really block its upward movement. This is not a financial advice
TRBUSDT - near his resistance, what's next??#TRBUSDT.. well market very smooth hold his downside area that was discussed in my previous idea about TRBUSDT.
And now upside we have 105.80 around
Keep close it because if market break it then it can go further upside.
Good luck
Trade wisely
Will history repeat for $TRB?Since May 2024, seems like it's copying the move of Oct to Dec 2023 before it mooned to 600.
If it breaks 130 to 140 and then hold. next will be 200 to 220. MA 200 still is trying to block it's way up. buy signal shows in some indicators tho.
Tellor Tributes TRB price pumping again. What next ?We personally do not want to trade a manipulative asset like $TRB.
Because we have a clear save picture of the ‘show’ in my head, when everyone was celebrating the New Year on 31/12, a team of enthusiasts bravely pumped up the #TRBUSDT price from $250 to $710 in a matter of minutes. Poor shorts man...
So:
👉 would we buy #TRB now - no
👉 is there a chance that #TRBUSD will continue to rise to $170-180 - yes
Where is it safe to buy TRB ? - not before the price reaches $70-80
TRBUSDT Elliott Wave CountOn this chart I am sharing my Elliot Wave count for the TRBUSDT. Some might argue that this is a huge ABC correction, instead of a 123 Waves up. Yet, the wave 2 certainly looks like an ABC corrective pattern, potentially validating the 5-wave up upside scenario.
TRBUSDT - at cutt n reverse area? What's next??#TRBUSDT.. well guys market perfectly hold you area in our perveious idea.
And now we have 91 as major supporting area for now.
Overall 2 areas 91.00 and 105 around
You can check history for 91 market hold it so many times.
So now again keep close that area because If market hold it then again bounce expected
BUT KEEP IN HAND YOUR CUTT N REVERSE BELOW 91
Good luck
Trade wisely
TRBUSDT - at MAKE IT or BREAK IT level. what's next?? #TRBUSDT.. in first go market very smooth hold your area 91 and now again market just near your swing area 91
keep close it because its your MAKE IT OR BREAK IT level, only only hold your buying's above that level and as i told you in my last idea about #TRBUSDT that below 91 CUT N REVERSE in hand.
good luck
trade wisely
TRBUSDT - at cutt n reverse area? What's next??#TRBUSDT.. well guys market perfectly hold you area in our perveious idea.
And now we have 91 as major supporting area for now.
Overall 2 areas 91.00 and 105 around
You can check history for 91 market hold it so many times.
So now again keep close that area because If market hold it then again bounce expected
BUT KEEP IN HAND YOUR CUTT N REVERSE BELOW 91
Good luck
Trade wisely
TRU ANALYSIS🔮 #TRU Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #TRU. It's a 6hr time frame breakout and it's ready for a bullish move of around 50% in coming days
💸Current Price -- $99.34
📈Target Price -- $148.64
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#TRU #Cryptocurrency #Breakout #DYOR
TRBUSDTTRBUSDT making strong support at 97-99 i believe from this level we can see upward trend, i have provided the Entry point in my chart
