TRB broke out, topped out and is now retesting the breakout in a down wedge.
The wedge ends exactly at it's previous resistance, so I am assuming the bottom is close to here.
Expect it to bounce off the line, get rejected at the dotted line before continuing its trend up.
Too much hype for tellor to bleed much more.
Previous idea for breakout to parabolic move:
It is 4th day of this coin so that it is too early to talk we will interpret this coin in the near term
But buy at the support line ($ 45,125) sell at the resistance line( $ 74,962)
Buy this coin when the resistance line turns to support line
Try to catch EngineeringRobo ' s buy signal
Have a good trade if you want to use EngineeringRobo please dm me.
TRB has the fundamentals and the hype behind it. Recently listed on binance and breaking out of down wedge with force. I'm expecting Tellor to go parabolic in the next few days.
Previous idea:
Seeing TRB forming a textbook wedge.
I think it retests the bottom dotted line, but I can also see it bounding off the next line and retesting the bottom once out of the wedge.
Regardless, I see this hitting new ATH in the next week.
