📢 $TRB / $USDT | 🟢 LONG | ⭐ 58.6%
🎯 Objective: $17.2112. Will it achieve it?
🎯 Trading levels:
🟢 Entry: $16.877
🛑 Stop Loss: $16.7011
🏁 TP1: $17.2112
🏁 TP2: $17.4047
📈 Analysis:
The structure of $TRB shows a bullish alignment across all timeframes, confirmed by an inverted Head-and-Shoulders pattern that supports the buying bias. The ADX of 21.73 indicates the start of a moderate trend, while the bullish MACD crossover (an indicator that measures momentum and direction) and an RSI of 60.41 (price relative strength) support the continuation of the move toward the POC of $16.9421.
⚖️ Risk/Reward: 1:1.9
⏱️ Timeframe: 1H
📐 Technical confidence: 3/5
The invalidation level is set below the immediate support at $16.7011, where the price structure would lose its current momentum. The bullish thesis is validated by increasing volume and the maintenance of price above the $16.7828 support, while closely watching the $17.1408 resistance for a potential extension.
Do you think the current volume is enough to break the $17.1408 resistance?
💡 This analysis is for educational purposes and is not financial advice. Do your own research and decide calmly.
#crypto #TRB #trading #Futures #Bullish
🎯 Objective: $17.2112. Will it achieve it?
🎯 Trading levels:
🟢 Entry: $16.877
🛑 Stop Loss: $16.7011
🏁 TP1: $17.2112
🏁 TP2: $17.4047
📈 Analysis:
The structure of $TRB shows a bullish alignment across all timeframes, confirmed by an inverted Head-and-Shoulders pattern that supports the buying bias. The ADX of 21.73 indicates the start of a moderate trend, while the bullish MACD crossover (an indicator that measures momentum and direction) and an RSI of 60.41 (price relative strength) support the continuation of the move toward the POC of $16.9421.
⚖️ Risk/Reward: 1:1.9
⏱️ Timeframe: 1H
📐 Technical confidence: 3/5
The invalidation level is set below the immediate support at $16.7011, where the price structure would lose its current momentum. The bullish thesis is validated by increasing volume and the maintenance of price above the $16.7828 support, while closely watching the $17.1408 resistance for a potential extension.
Do you think the current volume is enough to break the $17.1408 resistance?
💡 This analysis is for educational purposes and is not financial advice. Do your own research and decide calmly.
#crypto #TRB #trading #Futures #Bullish
