The price of #TRB reacts well to the top and bottom of the descending channel that is part of a bullish flag pattern.
The price correction process is slow down, and if it can get out of the channel, it will be pumped very strongly. To confirm and continue the upward trend, the price must cross $110.
The probability of the price reaching the support level of $74.00-65.00 and then starting the next upward step is high. This level is a strong demand area. If the price can't jump after reaching this area and fall below it, the upward trend will be invalid, and it shows It will give more downward movement for the price.
The price correction process is slow down, and if it can get out of the channel, it will be pumped very strongly. To confirm and continue the upward trend, the price must cross $110.
The probability of the price reaching the support level of $74.00-65.00 and then starting the next upward step is high. This level is a strong demand area. If the price can't jump after reaching this area and fall below it, the upward trend will be invalid, and it shows It will give more downward movement for the price.
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#TRB has broken a key dynamic resistance on the daily timeframe, confirming a bullish breakout.
It has formed a classic cup and handle pattern, signaling continuation of upward momentum.
Volume and structure support the pattern, suggesting growing buyer strength.
If the move plays out as expected, TRB could rally toward the \$100 target zone.
It has formed a classic cup and handle pattern, signaling continuation of upward momentum.
Volume and structure support the pattern, suggesting growing buyer strength.
If the move plays out as expected, TRB could rally toward the \$100 target zone.
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