Thanks for reading this update, this update is not trading advice. TRB seems to have entered a new recovery
We did expect before the increase of TRB from $48 This is the trading world, and every coin comes at a moment of recovery.
The speed of the trend and time frame can be a difference
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There is no max supply, and also the volume decrease since last hour
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in trading is very hard to predict exactly where the breakdown of the increase will start. Right study TA, and the right tools and volume study can make the chance higher.
The same effect of BNX increased after that it had also a recovery. We try to check from a side of volume study and the whale interest.
Before any breakdown, there will be always fake volume increase transactions.
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Bika volume was one of the reasons for the TRB last increase, but it's the same time a take-profit platform.
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even with the small volume as we added before, this effect shows as BNX before and has a high chance of having a red recovery soon.
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During the time when Solana and BNX were on a fomo trend, we saw around the same volume of power, but all 2 did crash. it's very risky to trade TRB in this volume range, as it can fall.
we expect that TRB will breakdown below $100 , this coin doesn't have a maximum supply, which means more coins can be minted and the price action can cause to fall.
funding rate is insanely negative. how come price keeps going up.
SatochiTrader
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@jonas7891, Expecting there will come a red recovery soon.
MyCryptoParadise_Nathan
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Thanks for being an invaluable resource.
jonas7891
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trb is obliterating all bears
SatochiTrader
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@jonas7891, solona did that also, same BNX.. where are they now? it's important to know that TRB doesn't have max supply also.. which makes the risk very high, the same as BNX before.
MHPG
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TA aint gonna work when whales’ in business
SatochiTrader
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@MHPG, That's the goal is to follow whales - .. follow the smart money, it takes some time, but when you know how, you can have an edge on trading. Everyone can become a better trader by learning every day new things.