TRU.USDT (Y21.P2.E1).Nice formationHi All,
This crypto alluded me, never looked at it until now and having had a look after someone stating on Youtube that it will be big (who knows), with these letters $_R_ (missing) I thought I give this one.
TrueFI or TRU might be the one he was alluding to. It turns out he was talking about Truebit TRU.
Having looked at this chart, it makes a lot of sense, as I labelled it.
Currently inverted H&S taking place which I missed out but also I have highlighted how to play this if it hits these levels.
Note the structure and fib levels. I only suggest what might take place but its only a suggestion but the key thing is, its going up.
The 0.5 fib level will be a pause in this uptrend.
I'll leave the rest for you to work out how to trade it, as my post highlights key levels.
All the best,
S.SAri
Truefi
🆓TrueFi/USDT Analysis (29/3) #TRU $TRUTRU has conquered the 0.4$ zone and heading to 0.55$ or even 0.85$ zone in April.
But if it loses the 0.4$ zone, it will dump strongly to 0.33$ or 0.25$ zone
📅NEWS
👉May 20 : Tradable Load Tokens
👉May 20 : Improved Credit Model
👉May 20 : Stables in Lending Pool
👉May 20 : Launch Lines-of-Credit
📈BUY
-Buy: 0.39-0.41$. SL B
📉SELL
-Sell: 0.54-0.56$. SL A
-Sell: 0.83-0.87$. SL A
♻️BACK-UP
-Sell: 0.39-0.41$ if B. SL A
-Buy: 0.32-0.34$ if A. SL B
-Buy: 0.24-0.26$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
🆓TrueFi/USDT Analysis (15/2) #TRU $TRU$0.42 zone is a reliable resistance zone for the continuation of the TRU uptrend.
As long as TRU conquers $0.55 zone, it will strongly increase to $0.9 zone in early March or earlier
📅NEWS
👉Feb 19 : Liquid Exit
👉Feb 19 : On-Chain Governance
👉Feb 19 : Improved Staking
👉Feb 19 : TrueFi V2
👉May 20 : Tradable Load Tokens
👉May 20 : Improved Credit Model
👉May 20 : Stables in Lending Pool
👉May 20 : Launch Lines-of-Credit
📈BUY
-Buy: 0.41-0.43$. SL B
-Buy: 0.54-0.56$ if A. SL B
📉SELL
-Sell: 0.54-0.56$. SL A
-Sell: 0.88-0.92$. SL A
♻️BACK-UP
-Sell: 0.41-0.43$ if B. SL A
-Buy: 0.29-0.31$. SL B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
TruFi ($TRU) Heading for Price Discovery 💰TruFi is on the verge of breaking out from it's current cup formation and heading for price discovery.
Having secured support at 0.32, next level to achieve would be 0.34 which would signal the start of a major breakout, thrusting TRU into price discovery mode.
If you found this idea helpful, please like and follow. Thanks! 🤑
🆓TrueFi/USDT Analysis (28/1) #TRU $TRUTRU has a recovery after approaching the bottom zone at $0.2-0.21, which could help TRU return to a Symmetrical Triangle pattern and approach $0.25-0.26 and breakout to $0.33-0.34 in the next 1-2 days
📈BUY
-Buy: 0.20-0.21$. SL B
📉SELL
-Sell: 0.25-0.26$. SL A
-Sell: 0.33-0.34$. SL A
♻️BACK-UP
-Sell: 0.20-0.21$ if B. SL A
-Buy: 0.14-0.15$. SL B
❓Details
Condition A : "If 4H candle closes ABOVE this zone"
Condition B : "If 4H candle closes BELOW this zone"