If Bitcoin is supported in the support range of 57 and 58, trb can be supported in the first support area .
And if Bitcoin fails to maintain 57 support. In the second support area, you can buy your second order.
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Tellor was launched in 2019 by a U.S.-based team with the aim to address the oracle problem on the Ethereum (ETH) blockchain. Tellor is an Ethereum-based, decentralized, secure oracle for decentralized finance (DeFi) decentralized applications (DApps).
To learn more about this project, check out our deep dive of Tellor.
With Bitcoin's pump all the ALT coins are gaining momentum!
2 coins that look very identical on weekly are TRB and SXP!
Looks like both will do a W-Shape recover.
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The price is moving in one channel.
As can be seen in the chart, prices have repeatedly encountered and reacted to this trend.
That all leads to a price drop.
If this trend is broken, we expect a good move.
If the price breaks the trend line of the first target, we will probably have a good price jump.
The buy signal has not been seen, yet.
A very good opportunity but wait after the day close to make sure it doesn’t go down below the blue line and have a sell order at the first green line. If you want longer term the rest of the goals are in front of you
$TRB is trading below a descending resistance line. price rejected from this line but hold above support zone.
break out from this resistance will lead price toward resistance zone around $62.
if price going up to complete AB=CD pattern, its target is around $80.
also there is an inverted head and shoulders pattern that its target is around $95.
$TRB stayed above a support zone and I think it shaped a triangle with descending resistance zone, that break out from this triangle can lead price toward $72 and $83.
these prices are around an ascending resistance zone.
Signal: Red -> Green
Confirmation: Break Through the Resistance Line and Stay above
TRB , TRBUSD , TRBUSDT ,TRBUSDTP, Tellor, CRYPTO, CRYPTOCURRENCY
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
looking good here. Strong project with good fundamentals. I would like to see a bounce back up from the green circle. This would give the perfect entry. Once the two resistances are flipped, the sky is the limit for this one
I hope you found the idea interesting:)
A potential quick trade. TRB broke through the local key level of $52.2. And is now testing as support. The target is $57 to $59.
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P.S. I personally will open...