TrueFi : Downtrend Line BREAKOUT !Trading Setup:
There is a Trading Signal to Buy in TRUUSDT TrueFi 1h (Futures)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.098
⭕️SL @ 0.093
🔵TP1 @ 0.112
🔵TP2 @ 0.121
🔵TP3 @ 0.134
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
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Trufi
TRU: Put it on your watchlist!As of now, the 4-hour oscillators are signaling a buy. The SMA50 has crossed above the SMA100. I'm watching for an entry very soon as I expect the 18-23 area of support to hold. My first target will be the 28-33 area (30%+ upside). This will be a swing position. Let me know any thoughts on this thanks.
TRU looking for a buyHello, back after some hollidays let's stop first at TRU.
Prices haven't been able to break the 65ct area which represent the middle of the mid range between 90ct and 40ct.
We are now at the bottom of this range with a Daily MACD creating hidden bullish divergence and ready to turn green.
My bias would be to go long between current price 46ct and 40ct in order to look for a jump to 70ct first and then 90ct.
This look simple but i think this is a good opportunity to long this market at this price.
TRU need to confirme bullish breakoutTRU seem to have confirmed a breaking of his flag consolidation, we are for now trying to build a slow growth between upper BB and MM20.
The move would be confirmed with a daily break of 70ct and i see 2 possible plans.
1 : Prices stays under 70ct and with time will take support on rising daily MM100 and break the resistance.
2 : Prices break 70ct at anytime and confirm the bullish move with 90ct/1$ as 1st target.
The MACD H4 has already consolidate and a move up could happen in the next few days but as long as we are above MM20 i would considered this situation as buying opportunity
TRU for a bullish continuationTRU have seen a strong move up in early august and has been since consolidating in a range/flag.
Flag are always complicate to draw with accuracy and often people buy a pullback which isn't, so this one is drawn for reference only.
The price have been able to open up the BB in daily, MACD has turned green and seems well oriented. Between current price and 50ct area i would go long here with 90ct/1$ as 1st target.
Patience will be key but will be well rewarded as these configurations often end up with price having a strong bullish breakout.