TRUUSDT trade ideas
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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Cup and handle formingTru fits all of my criteria.
1. Low market cap (lots of room for growth)
2. Good project (team, investor backing, scope, goal).
3. Getting listed on Coinbase today.
We see a cup and handle forming. As long as BTC does not die in the middle, we can expect upside as it breaks into the top 100-200 market cap range.
TRUUSDT Local S/R| Swing High| Price Action| Trend Evening Traders,
Today’s analysis – TRUUSDT- trading above its Local S/R where a bounce is probable,
Points to consider,
- Price Action Impulsive
- Local S/R Support
(.618 Fibonacci Confluence)
- Swing High Objective
- Low Volume
TRUUSDT immediate price action is impulse and testing the Local S/R which is in confluence with the .618 Fibonacci, allowing for a bullish bias.
The Swing High is the immediate objective, exceeding this level will continue the overall trend.
The current volume profile is below average, an influx is highly imminent when testing a key trade location.
Overall, in my opinion, TRUUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember.
“Where you want to be is always in control, never wishing, always trading, and always first and foremost protecting your butt.” – Paul Tudor Jones
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
Welcome back Traders, Investors, and Community!
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
We will have more FREE forecasts in TradingView soon
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Have a Profitable Day
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
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
🆓TrueFi (TRU) July-19 #TRU $TRUTRU is quite weak at $0.14, so if it can't conquer this zone to continue rising to $0.18 and $0.28, it will fall to $0.11 and $0.09 by the end of this month and then rise again. $0.14 and $0.18 zone in mid-August
📈BUY
🔴Buy : 0.107-0.113$ if A. SL if B
🔴Buy : 0.088-0.092$. SL if B
📉SELL
🔴Sell : 0.137-0.143$. SL if A
🔴Sell : 0.176-0.184$. SL if A
♻️BACK-UP
🔵Buy : 0.137-0.143$ if A. SL if B
🔵Sell : 0.176-0.184$. SL if A
🔵Sell : 0.275-0.285$. SL if A
❓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 (Mid Term) 7/21 #TRUUSDT (Mid Term)
Buy : 0.15400000 - 0.13898500
Target 1: 0.16178000
Target 2: 0.17710000
Target 3: 0.20790000
Target 4: 0.26180000
Stoploss: 0.13617835
Signal R/R: 7% / 70%
Net ROI : 30.5%
Invest / Position Size : 3%
Exchange : Binance , Bittrex, KuCoin,
Duration: 7-45 days
Confidence in Trade : undefined
Analysis :
we ask Allah reconcile and repay.
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
Traders, please hit the 👍 LIKE button if you like this idea and if you have your own opinion about this, please write it in the comment box. We will be glad for this.
⬆️Buy at Resistance Breakout or Buy at 0.149
⭕️SL @ 0.12
✅TP1 @ 0.202
✅TP2 @ 0.26
✅TP3 @ 0.34
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
TRU, GOT PUMP?Salve
How you doing traders? are you shortin guys?
Today I'm gonna introduce you TRU, It is a DeFi uncollateralized lending protocol developed by the TrustToken team. Lenders can borrow cryptocurrencies with predictable loan rates without the need to pledge collaterals like Aave, Compound, and Venus. In the long term, TrueFi aims to become a market-driven, automated credit rating and lending system. This will demand building beyond the rigid, conservative constraints such as minimum/maximum APY and high TRU participation factor. It will also require increased levels of responsibility from users, especially for onboarding new borrowers beyond the pre-approved whitelist and approving new loan types.
sometimes it's better to have a wider view and don't panic in the crypto
where are those genius YouTubers now?
Ciao
Possibility of purchase on TRU / USDT and entry point D1TRU / USDT is in a triangle in the compression zone with an Rsi in the underbuy zone.
So this signal tells us that we are in a secondary uptrend and the dominant presence of bulls.
It is about to escape from the top following the bounce on point (E) with a resistance test zone
and another that follows the neck line to give way.
Once this one passes we will have the validation of a rise with a last previous resistance of confirmation in addition on pull back in order to move towards the last horizontal resistance.
Now the question is to know if we are going to breakout with force and especially volume the structure.
Buy in breakout or pull back if this scenario continues and reversal after the first hit line if the future market is no longer of long-term interest.
This is not investment advice but just recommendations.
Keep your point of view critical! Reduce your exposure, the market can change at any time.
Thank you for taking the time to read my analysis.
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