TRB/USDTHi guys,
Here's a quick look at TRB /USDT 4H chart. As we can see, we formed a descending triangle pattern which if we break out we might see up to 45% profit. The first resistance level is 130$. Macd crossed positive 4h but the momentum is slowing down we might see a retest on support levels before break up. The daily Chart is looking good as well. Soon moon
My targets are:
1) 130$
2)140$
3)150$
4)170$
5)175$
6)185$
7)200$
These are my targets if we see a strong breakup. For Short Term
Support Levels:
25EMA 117$ Weak Support
Retest Trend Support 110$ + 50EMA 110$ Support
0.618FIB 100-103 Strong Support + 100EMA
0.5 95$ Support + BB Support
90$ 200 EMA
If we see a huge drop like previous drops -40% + if BTC Drops to 43k maybe a very very very low possibility we might see 65$
Trade Safely
This is not financial advice! Just my idea about TRB!
Do your own research.
If do you see a mistake or want to help, you can write in the comments.
It's my first time so take your own risk.
Not investment advice.
My ideas are only helpful and not advice to buy or sell, you are the decision-maker.
TRBUSDT trade ideas
TRB broke key resistance, targets 170, 265, 420 and other nodesQuick post to alert of Major resistance upcoming.
168-170 is expected to be a serious hurdle above.
Break would show strength, pullback expectable.
Major Targets Above:
204-205 backstop to 200 round number.
264-267 a major node, likely pullback.
419-422 the extended target for wave.
NOTE:
These levels are from Binance, versus Tether.
Exact Levels vary between different exchanges.
Coinbase just launched so prices there are higher.
Drag DOWN on the PRICE scale to see levels above and below.
THEN drag the CHART around to see outside current window.
Use "Make it Mine" under SHARING to make your own copy.
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I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".
My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess
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