TRUUSDT trade ideas
TRU reversal scenarioTRUFI is starting to look better now. more buyers coming in. Lets see if this is a fake out or a true reversal !
TrueFi- A Diamond in the Making - What DeFi is MissingThis is one of my long term holds and a real gem. We have been building a position since private sale and have recently added at 40 cents.
When TRU was initially conceived, it was a platform for tokenizing real world assets. The project pivoted to defi and is developing functionality for uncollateralized lending. It is currently undervalued due to poor tokenomics, which do not fit its utility. The tokenomics are left over from the prior vision and have yet to be adjusted. Currently the team is moving through the road map, Currently there is governance in place and an active community, making it a matter of time before we see a approved proposal to increase token burns.
Coming up in the road map there is support for USDC and other assets (BTC, ETH, DAI), then SAFU fund followed by uncollaterilzed lending. Once the tokenomics are fixed by burning overallocated tokens we can se a price of $4-5
On the technical side we have a double bottom on the 4 hour time frame, and support at the 42-45 cent zone confirmed.
** Not investment advice.
TrueFi seems at a good price to buyTRU has two strong resistance areas and gives a good Risk/Reward ratio. I consider two targets for now (orange short-lines).
Stop-loss also is shown on the long position.
🆓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"
TRUUSDTTRUUSDT
My private idea.
We are waiting for a breakout.
Target 1 0,52
Target 2 0,57
Target 3 0,72
Remember about stop loss because it all depends on BTC.
Y.
TRUEFI COULD BE THE NEXT AAVE!!!We are sitting in a beautiful intersection ad as I mentioned in my previous post I am expecting this gem to be at least $1 soon!
BINANCE: TRU/USDT🛒 Pair: TRU/USDT 🛒
== SPOT==
⏰ 1399/12/26 ⏰
🕰 16/03/2021 🕰
Duration:
📈 SCALP -SHORT - MID 📈
Ex: Binance
#96
🛒 Buy : 0.450 - 0.455 🛒
👉Sell Targets👈
🎯TP1: 0.49 🥉
🎯TP2: 0.54 🥈
🎯TP3: 0.59 🥇
🎯TP4: 0.63 🚁
🎯TP5: 0.69 ✈️
🎯TP6: 0.79 🚀 Midterm
🎯TP7: 0.89 🛰 Midterm
🎯TP8: 0.99 🛸 Midterm
⛔️ SL: 0.395 (if 4 hrs. candle closed below)
Cup and Handle Break out + Retest (S/R flip)
Trendline Break out and retest (S/R flip)
Flag broken and retesting in ltf ( (S/R flip confirmed)
Tru Fi coin Seem ready again! Since I exited my position around $0.55 , I have been waiting to get in the price action but I decided to wait till reaching Ema 100 for the daily chart which currently resides at $0.4.
My preset buy orders kicked in low $0.4. Looks like on a daily and 4hr charts correction is complete. However going under $0.35 definitely invalidates the target and Btc must not dump!
My new target set $0.7-$1 dollar range. With the recent correction we may have enough interest to reach new heights! We are looking at possible %100 gains!
Posting 4 hour charts are not my style and not as reliable but we have a new coin. Daily chart does not give us enough information to post anything technical details wise. So we are basically shooting in dark!
** This is not an investment idea. Only trying to pass my vast trading experience on cryptos to newcomers and less experienced traders. My predictions based on calculated reward Risk ratios. I can not be right all the time. So far I have very high percentage of success of predicting. Once you click buy button you are doing it with your own will. Nobody can force you to buy and sell but yourself. Please comment below and click like button to support my efforts.
TRUFI is going to $1As you all know I am a huge fan of this project .
They are still you and hungry and I believe we could see a $1 move in the next coming weeks!
Mcap- 50M
Product - Unique uncollateralized loans
Stay tuned!
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