TRUUSDT
#TRUUSDT's Potential Uptrend with Fibonacci Play💎Today's spotlight is on #TRUUSDT. The token has recently anchored its support at the $0.030 mark, aligning nearly perfectly with the 78.6% Fibonacci retracement level. Before this stabilization, #TRU sketched out a double bottom pattern. This pattern, followed by a surge past the local resistance, hints at a possible trend reversal.
💎 What does this mean for traders? The scales now seem to tip towards an upward correction. As long as the price stays comfortably above the double bottom region, specifically above the $0.026 trough, we can anticipate a robust upward pullback.
💎 On the resistance front, our eyes are set on another 78.6% Fibonacci retracement level at $0.037. This level intriguingly mirrors the downtrend trendline, making it a key point of interest.
💎 However, a word of caution: The MCP team remains vigilant about today's low, marked by the Fibonacci bounce. A descent below this point might cast shadows on the prospective upward correction.
$Tru is still Looks beautiful All the Low cap Coin bounce NYSE:TRU is still Looks beautiful All the Low cap Coin bounce TRU has not pumped strongly.
NYSE:TRU gains good following from this region with a lot of potential than I gave 0.0280 0.0307 contradicts support. It will be like that until we break the resistance .0.0363 with high volatility.
Trufi trend breakout looking for a continuationTrufi has experienced a breakout in both the H1 and H4 timeframes, indicating a potential continuation in the retracement towards the highlighted key level. This level is in close proximity to the 61% Fibonacci retracement, which further strengthens its significance. The breakout has been confirmed by a subsequent pullback, adding to the validity of the retracement expectation.
TrueFi get ready for Lift off ?!!👀 TRU Today Analysis💎TrueFi is crafting a falling wedge pattern, hinting at a potential bullish reversal on the horizon.
💎 It's trading within a high demand zone, and the strong demand in this area further bolsters the potential for an upward move.
💎 analyze the falling wedge pattern and the high demand zone collectively, it suggests a bullish outlook for TRUUSDT.
💎 A successful breakout, accompanied by increasing volume, would validate the bullish scenario and potentially lead to further upward price movement.
💎 In the ever-changing crypto universe, staying updated and adaptable is essential. Stay tuned for more updates and enjoy your trading journey!
TRUI've made the decision to buy some TRUwith a target of 0.6, 0.8, 1.2 and a stop at 0.035. I've split the order into three parts: the first at the current prices, the second at 0.043.
The information provided here is for informational purposes only and should not be considered as financial or investment advice.
Keep an eye on $TRU/USDTKeep an eye on $TRU/USDT
Making LL LH currently on sitting on demand zone
Perform bat pattern is forming out
Wait for the Choch and possible targets mentioned
Kindly wait for breakout of the structure and target region marked
Did you find this crypto market analysis helpful? Stay updated about the latest crypto market update.
Please continue to follow my analysis and feel free to ask any queries, you may have. I am here to assist you.
TradingView: @FarmanBangashh
TrueFi (TRU) formed bullish Gartley for upto 127% 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 pump of TRU as below:
Now On a 4-hr 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/USDT 3h (#Bybit) Descending channel breakoutTrueFi just regained 50MA support and seems about to push higher and recover, short-term.
⚡️⚡️ #TRU/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 4.7%
Current Price:
0.08935
Entry Zone:
0.08805 - 0.08295
Take-Profit Targets:
1) 0.09990
2) 0.11075
3) 0.12160
Stop Targets:
1) 0.07345
Published By: @Zblaba
$TRU #TRUUSDT #TrueFi #DeFi #TrustToken
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +50.5% | +88.6% | +126.7%
Possible Loss= -42.3%
Estimated Gaintime= 1-2 weeks
TRU CAN MAKE A CORRECTIONHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the TRU symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
$TRU - Confluence Entry$TRU has been pumping since last one week now. After breakout from pennant price has made a 50% pullback on Fib and a rebound from resistance-turned-support zone, giving us a perfect confluence entry.
I am targeting TP around 0.16 which is at next weekly resistance zone. Hope this plays out well in this choppy market.
TRUUSDTThe cryptocurrency market is known for its volatility, and pump-and-dump schemes are a common occurrence. However, there are legitimate cryptocurrencies such as stablecoins, which are designed to minimize price fluctuations by pegging their value to a stable asset such as a fiat currency. You believe that investing in a stablecoin that is pegged to a fiat currency and has a value close to $1 can be a profitable strategy. It's noteworthy that this stablecoin has been listed on major exchanges, and its value may fluctuate only slightly around its target price. Moreover, it appears that this stablecoin has received support from various governments, which may add to its credibility. However, it is essential to keep in mind that investing in cryptocurrencies carries a high level of risk, and it's always recommended to conduct your research and seek advice from financial experts before making any investment decisions.
Binance and coinbase love this..