TRBUSDT SHORT
Mis à jour
I expect TRB to lose momentum go back to at least 21 daily MA . As you can see MACD start to close its distance and it seems that it will cross down soon.
when i check trend based fib extention , it extended until 4.236 fib extention and it stopped its moving upside progress.
And you can also see that there is divergence between price and RSI , price makes higher highs but RSI doesnt make higher highs , so it means it is losing its upside momentum.
It seems this it the end of increasing wave and there will be a correction which can go to at least 21Daily MA which is at 31 and it can go down to 35 Daily MA which is at 26.
Disclaimer: The purpose of this anaşlyse is for educational reasons , this is not a trading advice , please make your all decitions according to your own risk analyse.
when i check trend based fib extention , it extended until 4.236 fib extention and it stopped its moving upside progress.
And you can also see that there is divergence between price and RSI , price makes higher highs but RSI doesnt make higher highs , so it means it is losing its upside momentum.
It seems this it the end of increasing wave and there will be a correction which can go to at least 21Daily MA which is at 31 and it can go down to 35 Daily MA which is at 26.
Disclaimer: The purpose of this anaşlyse is for educational reasons , this is not a trading advice , please make your all decitions according to your own risk analyse.
Note
As we expected TRB price decreased under 35 and 21 SMA.After a consolidation phase second decrease can start to 16 usdt. i will update this idea during the consolidation phase
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.