TRUUSDT TRUFI Waiting for breakout - playing pingpong for now within the bounds of support & resistance.. I personally expect a breakout to the upside, but that could be several days away.
TRUUSDT trade ideas
TRU : TREND UPCOMINGThe trend seems at the side of TA interesting, we will follow the coin to see if it is able to gain some uptrends coming time.
🔥 TrueFi Perfect Bounce Initiated: Bottom Is In?In my most recent TRU analysis I talked about the Cup & Handle pattern which appeared on the chart. Although TRU didn't hit my exact target, it still made a huge >30% move after my previous analysis. Congratulations if you took the trade.
Since topping out around 0.144, TRU has been in a slight downtrend. However, it seems that TRU has found a local bottom.
Two most important overlapping supports:
- The bottom dotted support is an exact copy of the top resistance, making it a perfect parallel channel
- The hourly RSI has hit oversold for the first time in almost three weeks, back when the price was still 0.0575
I'm looking at 0.113 as my first target. Second target is the top of the parallel channel.
TRU's most significant bullish spikeTrueFi (TRU) is trading at 0.1195 with an RSI of 60.76, indicating it is now neutral. TRU's 4-hour timeframe shows a Fibonacci level of 0.0780 at the lower and 0.1158 at the higher end. The upper Bollinger band for the same timeframe is 0.1319, and the lower Bollinger band is 0.0682, with a middle band of 0.1001. The volume oscillator is currently at 11.55%, while the MACD is 0.0107, and the stochastic oscillators show D% at 84 and K% at 65.
During its downward trend, TRU experienced a strong price increase in the last 24 hours, finding strong support in the range of 0.0230 to 0.0270 dollars. This increase in demand has pushed the price towards an important resistance level in the range of $0.1385 to $0.1580, which has previously caused a 50% negative reaction but has also been the starting point for TRU's most significant bullish spike.
TRU is in a neutral state and has experienced a strong price increase in the last 24 hours. The support from buyers indicates positive sentiment towards the asset, but the resistance level it is approaching is significant and has previously caused negative reactions. As such, it will be important to monitor how TRU reacts to this resistance level in the coming days and whether it can break through it to reach higher prices.
TRUUSDT(TrueFi) Daily tf Range Updated till 05-03-23TRUUSDT(TrueFi) Daily timeframe range. gotta give credits as its moving in days like these. closing above #0.1079 is a clean break open a space till #0.1613. now also need to consider the btc price action cause it do have its effects on alt's.
🔥 TrueFi Cup & Handle Pattern Breaking OutTRU has been forming a cup and handle pattern over the last few weeks. At this point, TRU is at the point of breaking out of the pattern.
Classically, Cup and Handle patterns are bullish break out patterns. Targets in blue.
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..
TRUUSDTTrueFi is a protocol for creating interest-bearing pools with a high APR for liquidity providers. TrueFi includes utility and rewards mechanisms using TrustTokens (TRU) and rewards participants for maintaining stable, high APRs.
TRU is the native token of the TrueFi protocol and is used for: TrustToken holders ultimately have a say over who is a credible borrower in the prediction market. TRU gives the holder the ability to rate credit for third parties. Through TRU credit rating, a permissionless system of credit can be built which operates purely through incentives. TRU owners have part ownership in building a new credit system.
TrueFi (TRU) Ready for a breakout?Fast moving averages have just begun turning bullish while there is a still a big gap till we reach the EMA200.
Currently waiting for price to reach the first resistance and to consolidate.
Entry upon breakout.
TrueFi (TRU) formed bullish BAT for upto 11.50% 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 trade of TRU:
Now on a 2-hr time frame, TRU has formed a bullish BAT 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
Nice BuyDespite BTC dumping there are many prices that begin trading inverse to BTC.
Taking this trade based on divergence.
Short to mid term prediction $Tru . 🚀Possible 80%-180% setup🚀I have been watching trueFi for quite sometime. It looks like it is readying for ballistic rally. If we are able to break the triangle resistance 80% gain should be quite easy with this one. I will update this chart as we move along!
Previous prediction
TRUUSDT | HOLDING SUPPORT ZONETRUUSDT has been trading under the falling resistance. The price has continuously forming a higher high support zone. Currently the price has a strong horizontal support zone. The price has multiple times bounced back from same zone. The price is trading near the falling resistance.
We are expecting a little price retracement to support zone before a bullish breakout above the falling resistance.
Trade your levels accordingly.
Truusdt Buy opportunityLooking closely on the TRU we have price dropped with completed 5 legs of wave. With this it is expected to begin major corrections towards the upside. Also spotted Bullish divergence.
Follow the given entry zone for your accumulations and targets are shown with green lines.
Do enjoy it.
TRUUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for TRUUSDT
In this chart, we have R1 as a resistance line and you see that the price was not able to rise. Also S1 is the support line that expresses the support of the price at several points. Now we have the price fluctuating below R1 and the shadow in the previous candle represents a decline in the near future. Therefore, we expect a little rise for the price to the height of R2 and then we consider a short position here. Then the price will fall to S1. In case the price moves above R1 and we receive confirmation candles, then more rise would happen for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
TrueFi TRU - Downtrend is over, can pump hard! + Elliott Wave
Due to my technical analysis, i think this downtrend can be over and we can expect a pump anytime soon!
On the daily chart we have a broadening wedge and also a local ascending triangle, both bullish patterns.
If we take a look at the RSI indicator - we can spot a bullish divergence, always great to see.
As per my Elliott wave analysis, the massive impulse wave to the downside should be completed and because of that, I expect an ABC retracement.
Main Profit target is 0.618 FIB + end of the wave 4 (High liquidity area).
We can also get stopped by the descending blue trend line, but i think it will break up!
Look at my ideas about interesting altcoins in the related section down below ↓
For more ideas please hit "Like" & "Follow"!
TRUUSDT | SETUPTRUUSDT after testing the support approached to falling trendline. Now bulls are trying to break the falling trendline. But some strong upside resistance can act again. So better to wait for a little to do some retracement or if the price breaks the falling trendline then there will be a good area to buy.
Trade Accordingly.
tru/usdt 1 hour ideahere is chart of true/usdt in 1H pattern. all we need to do is holding trendline. lets see if trendline is not broken.(DYOR)
TRU/usdt longi think breakout would be massive this time, charts making triangle pattern in 1H, 4H and 1DAY charts.
if it holds the trendline then pattern is valid otherwise pattern would be invalid. Do your own research
Eliot-style analysis of TruUsdt currency; Is 700% profit coming?According to the type of movements of this currency, it can be expected that the third downward wave has ended.
According to the high volumes shown in the square, it can be seen that the recent upward movement of the price can be the beginning of the fourth downward wave.
Hence, we go to confirm these volumes and change its temporary trend and check the divergence of the third wave.
Having a positive divergence in wave 3 confirmed the volumes; And it issues an increase signal to us.
The easiest way to extract the price target is to use the Fibonacci retracement tool, which can be used for the purposes of 50% and 61.8%.
Final price target based on Elliot wave count; It is right at the starting point of wave 2 or the ending point of wave 1.
Share your comments with me and if this analysis was useful for you, encourage me with your likes.
Be successful and profitable.
BINANCE:TRUUSDT
COINBASE:TRUUSDT
POLONIEX:TRUUSDT
KUCOIN:TRUUSDT
FTX:TRUUSDT
PHEMEX:TRUUSDT
COINEX:TRUUSDT
GATEIO:TRUUSDT
$TRU/USDT - Long - Potential 30.90%$TRU/USDT - Long - Potential 30.90%
Exchanges: FTX, KuCoin, Binance
Signal Type: Regular (Long)
Entry Targets:
1) 0.0973 - 100.0%
Take-Profit Targets:
1) 0.1032 - 50%
2) 0.1076 - 30%
3) 0.1270 - 20%
Stop Targets:
1) 0.0909 - 100.0%
Entry Trigger - Volume spike, crossed all ema's, pullback into resistance break
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (1.0%)
Stop: Breakeven -
Trigger: Target (1)
