Market insights
TRB bullish set up...updated chartHigh Probably / Low Risk E.P. // Tellor is a decentralized Oracle for bringing high-value off-chain data onto Ethereum. The system utilizes a network of staked miners that compete to solve a PoW challenge to submit the official value for requested data. To properly incentivize the network, Tellor mints a token called Tributes (TRB). They are to be used by miners to stake, they are used to reward miners, by users to request data, and token holders can vote on disputes of data validity.
Tellor is a token based on the Ethereum blockchain. The most actual price for one Tellor is $23.23. Tellor is listed on 8 exchanges with a sum of 18 active markets. The 24h volume of is $13 338 288, while the Tellor market cap is $35 265 573 which ranks it as #191 of all cryptocurrencies. You can find more information about Tellor on tellor.io
TRB bullish set up...accumulation phase since Oct. - LONG TRB - USING ATR TRAILING STOP and moving stops to break even after initial move up.
Tellor Price $23.98
Market Cap $36,975,516
Trading Volume $41,945,400
Volume / Market Cap 1.1556
24h Low / 24h High $21.08 / $24.33
7d Low / 7d High $18.01 / $25.26
Market Cap Rank #178
All-Time High $87.63 -72.7%
Aug 30, 2020 (2 months)
All-Time Low $0.01001379 238923.9%
Nov 01, 2019 (about 1 year)
Tellor/Bitcoin Ratio 1 BTC = 646.84 TRB
important timeif we have a higher high and we have a low uper than befor low we can enter in this new low.maybe after pulback
TRB load the rocketTRB broke out a descending triangle on October 23rd and now is about to finish the retest.
This Gartley pattern is very powerful, indicating a strong move upward is coming.
Looking to LONG at 23$ with targets on the chart.
TRBUSD looking for pullback before continuation?I'm looking for potential pullback for TRBUSD before continuation with the bullish surge.
I see two possibilities here.
1. Move past resistance at 30.49 level, then look for longs after a retest of that level or long it on breakout.
2. Pullback to retest last resistance at 25.05 level and claim it as support, then look for longs at that S/R flip.
Second option would be ideal with RSI retesting last resistance at 50.58 level marked on the chart and then claiming it as support... ;)
Personally I'm hoping for the second option as I always like to buy it cheaper :) but one should be ready for both scenarios.
Target would be at the green box above... ;)
Trade safe!
Cheers.
