TrueFi (TRU) - Bullish divergence On the above daily chart price action has corrected 95% since last August. A number of reasons now exist to be long, including:
1) The ‘incredible buy’ signal prints.
2) Regular bullish divergence. 10 oscillators are currently printing bullish divergence over a 30 day period.
3) Price action and RSI resistance breakout. Look left!
4) Everything that was said above holds true for the daily BTC pair (below).
5) On 'what if' list. Don't know what I mean? Shame.
Is it possible price action falls further? For sure,
Is it probable? no.
WW
Ps, not trading this. If I have time, ask below for updates.
Type: trade
Risk: <=6% of portfolio
Timeframe: 1 to 3 months, seriously.
Return: 10
1-day BTC chart
What if chart
TRUUSDT trade ideas
$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.
🚀💼 "Buckle Up for Blastoff: TRUUSDT Awaiting 1:3 R:R!" 📈💥 🚀💼 Get Ready for an Explosive Ride! 📈💥
TRUUSDT is on the brink of a monumental breakout from a falling channel pattern, offering a short-term bullish trade opportunity with an attractive 1:3 risk-to-reward ratio. 💪🚀
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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.
TRUUSDT - BearishHi Traders,
On the above chart head & shoulder trend reversal pattern is established and bearish divergence on RSI is also validate the further bearish momentum.
Sell Stop entry at this level can be a good trade..
If you guys are agreeing with my idea then follow my trade plan
good luck & trade safe!