TRBUSDT.P trade ideas
TRB has Finished The Retracement. We Try To Start Now**Short Fundamental**
TRB is a native utility token of Terra Bridge, a decentralized cross-chain bridge that connects the Terra and Ethereum blockchains. TRB is used to pay for transaction fees on the Terra Bridge, as well as to stake and earn rewards.
**Recent News**
* Terra Bridge has completed an audit by PeckShield, a leading blockchain security firm. The audit found no critical vulnerabilities.
* Terra Bridge has been integrated with several decentralized finance (DeFi) protocols, including Anchor Protocol and Astroport.
* The Terra ecosystem has grown significantly in recent months, with the total value locked (TVL) in DeFi protocols on Terra reaching over $50 billion.
**Disclaimer**
This information is provided for informational purposes only and should not be construed as financial advice. Please do your own research before making any investment decisions.
**Additional Notes**
* TRB is a relatively new token, and its price is still quite volatile.
* Terra Bridge is a critical piece of infrastructure for the Terra ecosystem, and its success will likely have a positive impact on the price of TRB.
* The overall crypto market is still in its early stages, and there is a significant risk of investing in TRB or any other cryptocurrency.
TRB/USDT Bullish Prospects on Ascending Trendline? 👀 🚀 TRB💎 Paradisers, prepare for an exciting trading opportunity with TRBUSDT. The asset is currently showcasing an intriguing movement, adhering to an ascending trendline, and presenting a high probability for a bullish move.
💎TRB has demonstrated a pattern of following an ascending channel, breaking below it to initiate a downward trend. However, its current respect for the ascending trendline indicates a significant chance for a bullish movement. If this upward momentum continues, TRB is set to target resistance levels at $124.77, with the potential to rise further and challenge supply levels at $145.55.
💎 For the astute Paradisers, capitalizing on this scenario requires precise timing. Identifying the most favorable entry points during this expected rise is crucial, and exercising caution to avoid entering at the market's peak is advised. Additionally, it's important to be ready for a bullish bounce back from the support level of $79.29. However, a fall below this support could signal potential difficulties in maintaining the bullish trajectory.
💎 Navigating this dynamic and ever-changing market landscape calls for strategic foresight and skilled decision-making. Crafting a comprehensive trading strategy that incorporates effective money management and a deep understanding of support and resistance levels is essential for achieving favorable trading outcomes. 🌴💰
$TRBUSDT poised to continue its bullish trend IF CONFIRMEDThere's a high probability that TRB is bound to create another high after continuous creation of higher lows in the 4 hr timeframe and showing possible downtrend reversal in the Daily timeframe. Both MACD and Stochastic RSI indicators says that the pullback might be over and reversal may come soon. We're just waiting for that trigger long green candle to make this thing blow up again.
🔥 TRB First Oversold Bounce In 2 MonthsTRB has been one of the biggest winners of the last two months, doing a 14x whilst most other crypto's only did a 2x-3x.
It was a matter of time before TRB corrected. Patient bulls like myself have been waiting for this opportunity.
Since TRB hit oversold levels on the 4H chart for the first time since late September, this might be the perfect time for bulls to step in for a swing-trade position.
Stop below the recent swing-low, target at 230$.
TRB SHORT The volume of transactions to CEX is growing
On the 8th of Nov The price of the TRB token plummeted by 35.25% after three major players transferred 157,258 TRB (14.7 million dollars) to Binance, leading to the liquidation of traders' long positions.
In general, the TRB token has a high concentration in the hands of the market maker DWF Labs. According to Spotonchain data, as of August 31, 2023, 19 wallets accumulated 1.12 million TRB ($106 million), representing 43.9% of the total supply.
TRB TELLOR: Looks Like It will Fall Off Soon?This is my analysis of BINANCE:TRBUSDT based on available data. It has enjoyed a massive pump in the last couple of weeks.
For the first since it started pumping, it showed a sign that bulls are getting weak.
We are going to capitalize on this and open a position.
What are your thoughts about this? Share them in the comment box.
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Cheers!
TRB │ SHORT │ 11.11.2023BINANCE:TRBUSDT.P
Comment
I really like this situation.
The instrument dropped strongly, and after such a move, we should expect an equally strong rise as a reaction to the instrument's movement. However, we don't see that. Instead, we observe a normal correction, and for the second day, we see the price getting closer and closer to the level.
Signals for level breakout
close retest of the level;
the instrument gradually approaches the level;
accumulation of energy for level breakout;
a good approach to the level;
consolidation near the level;
decrease in trading volumes before the level;
the instrument is not allowed to increase in price;
there is a reserve of calculated ATR;
the instrument is weaker than the market.
Order parameters (risk-to-reward ratio = 1 to 3/4/5)
Open : 84.9574560;
Stop loss : 86.7951760;
Take profit : 79.4442960 / 77.6065760 / 75.7688560;
Disclaimer
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
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