xcitedDelirium

Long position idea on $TRB [risky!]

Long
xcitedDelirium Updated   
BYBIT:TRBUSDT   None
Quite a simple straightforward trade which could prove to be a big fail considering the FUD going around the project and how it is being called the next $LUNA but from a pure TA point of view this is a very valid trade.
Using adequate risk percentage / position sizing is vital and I can't stress enough on that.

Crazy funding rates on exchanges right now as well; -1.5% on ByBit right now for an example and that on its own is worthy of a shot at a long imo.

Entry and target zones marked.

LFG 🚀
Comment:
Another pattern I have just spotted that supports the bullish narrative of this trade.
We could see bullish Wolfe Waves forming inside a descending wedge which signals a move to the upside.

Trade active:
Bids filled!
Trade closed: stop reached:
Stopped out.

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