⁉️ We don't know what caused yesterday's rise in the price of #TRB, but it is a very, very manipulative asset, just remember the “short squeeze” liquidation on New Year's night 2024.
Now the price of
TRBUSDT has come to the zone where longs had been taking for more than six months, with the hope that the growth trend is about to resume.... but no...
🔽 You shouldn't short it, because it's a very manipulative asset - see p.1
🔼 But whether to take longs with the hope of increasing the deposit or sitting in a drawdown is a matter of individual choice.
We depicted our thoughts at the chart.
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Now the price of
TRBUSDT has come to the zone where longs had been taking for more than six months, with the hope that the growth trend is about to resume.... but no...🔽 You shouldn't short it, because it's a very manipulative asset - see p.1
🔼 But whether to take longs with the hope of increasing the deposit or sitting in a drawdown is a matter of individual choice.
We depicted our thoughts at the chart.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
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🔵Telegram t.me/pstrade_eng
Related publications
Disclaimer
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🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.