TRUUSDT
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.
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
TRUUSDT Technical Analysis
⏳ Spot
💎 TRUUSDT has broken above the triangle. It can go lower to the Pullback zone before it continues to go higher. It might also go higher after retesting the Support line
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at 0.4200
☕️ TP1 0.5830
🍺 TP2 0.6680
🍻 TP3 0.8000
🍾 TP4 ______
🍷 TP5 ______
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 0.3900
Good Luck 🎲
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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)
TRUUSDT Technical Analysis
⏳ Spot
💎 TRUUSDT on H4 has formed a descending channel and has broken above the resistance. We see several rejections from the Support line. We expect that the price goes down for a pullback before it continues to go higher.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.4150
☕️ TP1 0.5000
🍺 TP2 0.5400
🍻 TP3 0.6000
🍾 TP4 0.6500
🍷 TP5 0.7165
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 0.3820
Good Luck 🎲
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SWING TRADE - TRUUSDT - SHARK PATTERN UNDER FORMATION"Potential Shark Pattren Under Formation"
Price is reaching towards 0.5421 which is a strong support level for TRU, however inorder to complete the pattern price has to go upto 0.51 level, where there is another strong support which has been tested recently if it happens and shark pattern gets completed, we can say that bull run will start and if it breaks 0.66 (strong Resistance level) then it will easily go upto 0.75 level very soon.
TRUUSDST🌟this coin has shows a lot of fluctuations recently which can be both good and bad at the same time BUT we are going for its bullish potential which is obvious for us at a glance to the chart and just needs some investors to shine and gives profit which is going to happen in the upcoming alt season
👉This idea has the confirmation of "advanced price action" 👍
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TRUUSDT RISING CHANNEL PATTERNTruusdt has been following an uptrend since the bounce from its strongest support level ($0.1). We saw price correction after the bull run to a new ATH($1) and truefi still showing bull signs following the rising channel pattern. Chart shows the minor and major rising channels which implies a possible uptrend to the higher high of the channel or prolly to a new ATH. $0.66 - $0.664 is a good entry with a stop loss at $0.621(6% risk). Price targets are shown at the red rectangles.
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TRUUSDT - IS IT SET FOR A NEW 77% RIDE?Truusdt is trading in a descending channel and its currently at the edge of the descending trendline. Is it set for a new rally or breakdown to previous lows then boom again. Before taking a position either long or short, wait for breakout with a retest at the indicated spot on chart before taking a long position.
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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.
TRUUSDT Has Broken Above the Resistance
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Hi Traders, TRUUSDT on H4 has broken above a major Resistance . After retest could go higher.
⬆️Buy now or Buy at 0.146
⭕️SL @ 0.1290
✅TP1 @ 0.2455
✅TP2 @ 0.3700
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TRUUSDT Has Broken Above the Resistance
Welcome back Traders, Investors, and Community!
Hi Traders, TRUUSDT on H4 Has broken above the Resistance and crossed the Bearish channel
⬆️Buy now or Buy at 0.126
⭕️SL @ 0.0979
✅TP1 @ 0.1895
✅TP2 @ 0.2455
✅TP3 @ 0.3700
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TRUUSDT has formed Reverse Head & Shoulders, A sigh of Reversal
Welcome back Traders, Investors, and Community!
Hi Traders, TRUUSDT on the H4 formed a reverse Head & Shoulders. We also have a Bearish Resistance above the Neckline. So if the price broke above the Neckline and the Bearish Resistance, I would expect to go to another major Bearish Resistance just above 0.26
Another possibility is that the price would make a Pullback at 0.149 before it starts going higher.
On the H1 we have a better resolution of price action. Price has broken above the Neckline and has retested the it So at this moment we have a confirmation that the price might go higher to 0.202 and then to another major Bearish Resistance just above 0.26
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⬆️Buy at Resistance Breakout or Buy at 0.149
⭕️SL @ 0.12
✅TP1 @ 0.202
✅TP2 @ 0.26
✅TP3 @ 0.34
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