$TRU looks nice
Feb 25
Documented bought trailer position of #TRUEFI @ 516 BUT largest buy of $TRU was @ 405
Sold around 1200
Buying half of sell here, like the 4hr
(sell portion @ 73, if pulls back, keep trading portion)
Daily see Bull Flag? TEXTBOOK
#defi #yield #crypto #altcoin
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TODAY
$TRU pulls back to the red Moving Avg will rebuy small portion sold @ 73
Buy volume pretty decent here
Other limits still out there
#DEFI #yield #crypto #altcoins #TrueFi
Truefi
✳️ TrueFi | This Is How It All Starts... A New Bull MarketThis is how it all starts... This is how Cryptocurrency tells you that the bottom is in and the entire market is preparing for years of growth... YEARS!
This is the weekly timeframe for TrueFi (TRUBTC)... Great growth, amazing growth!
Yesterday alone, this pair grew by more than 222.22% in a single day.
The total growth since 21-January totals 290%.
This is not bear-market action.
This is not a "fake" anything that will lead to a lower low in weeks or months.
This is a massive bullish breakout that only happens after a strong bear market.
After years of red.
Soon it will be 7 years since I joined TradingView but I've been dealing with cryptocurrencies much longer, for 10 years.
Each bear market only last less than 2 years, the same for bull markets.
The full cycle is 4 years.
2 Years bearish, 2 years bullish but both the bottom and top are hit before the full 2-years period is complete.
I will cut a long-story short.
What you are seeing now is the beginning of a long period of growth.
Just as markets, cryptos, assets, trading pairs on the way down can hit new All-Time Lows, they can also hit new All-Time Highs on the way up.
The majority of the Altcoins will hit their new ATHs BEFORE Bitcoin, in less than 2 years.
Bitcoin should be one of the last ones to hit a new All-Time High.
Maybe it is not fair to talk already about new ATH when so many people are still dealing with denial but we use the charts to predict the future... To extract information and prepare before-hand for what to expect.
If you are a beginner, you will make more money holding than jumping from pair to pair.
If you are an experienced trader... This is your chance, leave behind all doubts and focus on your own personal growth, focus on maximizing profits, focus on success.
Thank you for reading.
This is only the beginning.
I love you!
Namaste.
TrueFi (TRU) formed bullish BAT for upto 11.50% moveHi dear friends, hope you are well and welcome to the new update on TrueFi ( TRU ) with US Dollar pair.
Previously we caught a nice trade of TRU:
Now on a 2-hr time frame, TRU has formed a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
TrueFi (TRU) formed bullish Cypher for upto 46% pumpHi dear friends, hope you are well and welcome to the new update on TrueFi ( TRU ) with Bitcoin pair.
On a daily time frame, TRU has formed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Eliot-style analysis of TruUsdt currency; Is 700% profit coming?According to the type of movements of this currency, it can be expected that the third downward wave has ended.
According to the high volumes shown in the square, it can be seen that the recent upward movement of the price can be the beginning of the fourth downward wave.
Hence, we go to confirm these volumes and change its temporary trend and check the divergence of the third wave.
Having a positive divergence in wave 3 confirmed the volumes; And it issues an increase signal to us.
The easiest way to extract the price target is to use the Fibonacci retracement tool, which can be used for the purposes of 50% and 61.8%.
Final price target based on Elliot wave count; It is right at the starting point of wave 2 or the ending point of wave 1.
Share your comments with me and if this analysis was useful for you, encourage me with your likes.
Be successful and profitable.
BINANCE:TRUUSDT
COINBASE:TRUUSDT
POLONIEX:TRUUSDT
KUCOIN:TRUUSDT
FTX:TRUUSDT
PHEMEX:TRUUSDT
COINEX:TRUUSDT
GATEIO:TRUUSDT
TrueFi (TRU) formed big bullish Gartley for upto 500% moveHi dear friends, hope you are well and welcome to the new update on TrueFi ( TRU ).
Previously we had a nice trade of TRU:
Now on a weekly time frame, TRU has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
TRU inside falling wedge try to break out#TRU/USDT
$TRU hold the support zone and pumped to resistance zone that is the same with descending resistance line.
break out from current resistance will increase price to next resistance zone around $0.63, and break out from $0.69 help price to make a new all time high.
TRU inverted H&S If you missed my previous TRU idea...
...then there could be another chance to get in as TrueFi is forming Inverted Head and Shoulders 🤷 and if price breaks up I think there is chance for run to 1.04 and even higher. Will set the BUY LIMIT order to catch the pullback to Neckline (testing it from above).
ENTRY : Backtest of the broken Neckline @ 0.722
SL : Right Shoulder @ 0.569
TARGET : Inverted H&S target projection @ 1.040
RRR : 2
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
TrueFi Can Do 95% or More Easy Above EMA50Now that TRUBTC (TrueFi) is growing above EMA50 additional growth is easily possible.
We saw how breaking above EMA50 on this pair led to massive growth back in early August.
After a strong correction, prices are back above this level with bullish indicators (MACD and RSI).
We can see a sudden burst of 95% short-term and even more mid-term to around 190%.
Additional details on the chart.
Namaste.
TRU descending triangleThe bearish figure, but seen many times it break to the upside. More chance for one more retest of support level, but in a nice position regarding 20 and 200SMA. If going up, watch that big resistance at 0,53, It was big support before but also bounced down from it... Good luck traders
TrueFi breakout (15m)See me previous publication for more details >
!!BTC IS AT RESISTANCE RIGHT NOW DON'T GO ALL IN ON THIS!!
(if btc dumps this will dump too)
Buy 0.58 - 0.55 (give it some time)
Long-term targets only:
TP1: 0.639
TP2: 0.762
TP3: 0.89
TP4: 0.99
TP5: OPEN++
(short-term traders will figure this out themselves)
SL1: 0.5372 (5%) -- safer
SL2: 0.5013 (11%) -- more risk
Remember about risk management, especially that BTC has been quite volatile lately.
TrueFi continuation (watchlist)After huge pump in August due to coinbase listing, the price has gone into corrective phase right now and formed a bull flag on higher timeframes. It failed to hold crucial level of previous highs (0.54) which along with btc correction resulted in a dump right to the nearest zone of support (0.39)
No entry for now. First, re-claim of 0.54 level is essential , then I'll be looking for an entry once the price breaks out of the formation. However in case the price drops even lower from here I may want to get some entries somewhere around the bottom trendline for short-term trades. (very risky due to low volume node)
🆓TrueFi (TRU) Aug-25 #TRU $TRUTRU has just approached the $0.55 zone and buying power has appeared and if it doesn't lose this zone, in the next few days it will surge to the $0.7, $0.85 and $1.1 zone. But if it loses the $0.55 zone it will fall to the $0.4 zone or even deeper
📈BUY
🔴Buy : 0.535-0.565$. SL if B
🔴Buy : 0.68-0.72$ if A. SL if B
📉SELL
🔴Sell : 0.68-0.72$. SL if A
🔴Sell : 0.83-0.87$. SL if A
🔴Sell : 1.07-1.13$. SL if A
♻️BACK-UP
🔵Sell : 0.535-0.565$ if B. SL if A
🔵Buy : 0.39-0.41$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
TRUUSDT { TRUEFI } - BULLISH SETUPANALYSIS 🔎
- TRUUSRT is on an uptrend supported by the ascending trendline support.
- The market hit a swing high and retraced.
- Price is retesting the flip horizontal support, the ascending trendline support and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone.
- The retracement is resisted by the descending trendline resistance.
- Breakout above this descending trendline resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Aggressive entry: the key fibonacci retracement zone.
- Conservative entry: breakout above the descending trendline resistance.
TARGETS 🎯
- Horizontal resistance level (@0.1614).
- Horizontal resistance level (@0.1784).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Initial invalidation: breakdown below the ascending trendline support.
- Final invalidation: breakdown below the 0.786 fibonacci retracement level.