TRUUSDT
TrueFi (TRU)Comprehensive Analysis of TRU/USDT
Overview
TrueFi (TRU) is an innovative project in the decentralized lending space (DeFi Lending) that enables collateral-free lending. The TRU coin is among the low-market-cap cryptocurrencies, and due to its low liquidity and high volatility 🚨, it falls into the category of high-risk trades. For investing or trading this coin, risk management and attention to trading volume are essential.
Current Market Situation
Downtrend Channel: 📉
TRU’s price is currently in a downtrend channel and is heading towards the bottom of the channel.
Weekly Support Zone:
The range (0.0605 - 0.0662) acts as a key support level. Although there is a possibility of a drop below this range, a quick rebound (Fake Breakout) from this zone could signal a safe entry. 💡
Trading Volume: 📊
If the volume increases when the price bounces from the channel’s bottom, the likelihood of price rising to the top of the channel strengthens. Traders should pay close attention to volume near the support range.
RSI: 📈
RSI Support Zone:
The range (41.24 - 44.19) could prevent further decline. A breakdown of this zone could lead to a deeper drop.
Breaking the 50 RSI Zone:
A move above this level could indicate a strong upward move, providing a good entry opportunity. 🚀
Upcoming Scenarios
Bullish Scenario: 🌟
Bounce from the Bottom of the Downtrend Channel:
If the price stabilizes in the support range (0.0605 - 0.0662) and trading volume increases, an upward move to the top of the channel becomes likely.
Breakout of the Downtrend Channel’s Top:
If the top of the downtrend channel is broken, the price could reach the target range (0.2258 - 0.2702). Given TRU's low market cap, heavy liquidity inflow could push the price beyond this target. 📌
Bearish Scenario: ⚠️
Loss of Weekly Support:
If the range (0.0605 - 0.0662) is lost, the next support is at 0.0400.
Traders should set appropriate stop-loss orders to mitigate risk. 🛑
Weakness in RSI:
A breakdown of the support zone (41.24 - 44.19) in the RSI could signal a continuation of the downtrend. 🔻
Range-Bound Scenario: ⏸️
If the price remains within the weekly support zone and trading volume decreases, a short-term range-bound movement may develop. 🔄
Stop-Loss:
For long trades, set the stop-loss below the 0.0600 range. ❌
Trade Volume:
Given the high risk, it is recommended to allocate only a small percentage of capital to this trade. 💰
Summary
TRU, considering its technical setup and position in the downtrend channel, can present promising trading opportunities. However, due to its low market cap and high volatility, risk management is crucial. ⚡
Recommendation: Always review fundamental factors and project-related news before making any decisions. 📰
⚖️ Warning: This analysis is purely technical and should not be considered financial or investment advice. Always do your own research and practice risk management. Good luck! 🚀
Tru price prediction! Where is ok fix profit?Lets take a look on BINANCE:TRUUSDT
Possible Targets and explanation idea
➡️W tf. 27 block like global accumulation zone
➡️Sooner or later we will reach M fvg and test full fill + 0.5 lvl fib
➡️On Money Power indicator you can see how whales withdraw initial deposit
➡️All local -20 or -30% sells you can see by TradeOn indicator on W
➡️Direction indicator showed us how long whales accumulate position
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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#TRU/USDT Ready to go higher#TRU
The price is moving in a descending channel on the 30-minute frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.0780
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.0795
First target 0.0810
Second target 0.0836
Third target 0.0863
#TRU/USDT#TRU
The price is moving in a descending channel on a 30-minute frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.1200
Entry price 0.1200
First target 0.1250
Second target 0.1300
Third target 0.1370
TRU ROADMAP (3D)This analysis provides an overall view for TRU. Entering a position requires determining entry points, stop-loss levels, and proper capital management. Those who hold this coin in their portfolio can use this analysis to stay informed about its potential future fluctuations.
TRU appears to be in a diametric structure, and it seems to be aiming to complete wave E.
The time frame is 3 days, and this analysis will take time to materialize.
We have marked the main targets of this move on the chart.
On the top left, we have a liquidity pool. Once this pool is emptied, we need to be cautious (after reaching the second target).
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#TRU/USDT#TRU
The price is moving in a downward channel on the 12-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a downward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.0763
Entry price 0.0764
First target 0.0853
Second target 0.0946
Third target 0.1064
TRUUSDT Breakout - Strong Momentum Ahead!!BINANCE:TRUUSDT has successfully broken out of resistance after multiple retests of support, signaling a strong bullish trend. Currently trading above the EMA 100, this breakout is backed by impressive volume, indicating solid buying interest. With the technical indicators aligned, we anticipate significant upward movement in the near future.
As always, remember to manage your risk effectively by placing stop-loss orders to protect your position.
BINANCE:TRUUSDT Currently trading at $0.086
Buy level: Above $0.086
Stop loss: Below $0.079
TP1: $0.92
TP2: $0.097
TP3: $0.1
TP4: $0.12
Max Leverage 3x
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#TRU/USDT#TRU
The price is moving in an ascending channel on the 4-hour frame and is sticking to it very well
We have a bounce from a major support area in green at 0.0830
We have an uptrend RSI that has been broken upwards which supports the upside
We have a trend to stabilize above the 100 moving average which supports the upside
Entry price 0.0840
First target 0.0953
Second target 0.1022
Third target 0.1103
#TRU/USDT#TRU
The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern and was broken to the upside.
We have a bounce from a major support area in green at 0.0900
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward.
Entry price is 0.1250
The first target is 0.1800
The second target is 0.2100
The third goal is 0.2472
TRU buy setupConsidering the bearish CH and the liquidity pool at the bottom of the chart, it seems that TRU intends to move towards the specified POI.
It can be rejected upwards while maintaining the POI range
Closing a daily candle below the invalidation level will violate this analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
TRU is hotA condition is created for the TRU to be pumped up to the specified tp.
We have a bullish structure on the chart and there are two large liquidity pools on the chart that the candles are trying to sweep.
By keeping the specified demand, it can move towards tp.
Closing a daily candle below the demand range invalidated the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
TRUUSDT(TrueFi) Daily tf Range Updated till 10-06-24TRUUSDT(TrueFi) Daily timeframe range. another alt doing pretty well while market is down. trying to break out of 0.24465 if volume can keep up its possible. if we get a valid close above 0.24465 than till 0.31015 is open. local support is at 0.18236.
TRU Surprise 200 %A double bottom pattern has formed on the weekly chart.
A pullback towards the $0.101 support zone could confirm the activation of the double bottom.
If the price breaks above the resistance level of $0.227, the next targets could be $0.415 and then the range of $0.678 to $0.817.
200% Growth Potential:
Do you think we will grow by 200%?
This analysis is for informational purposes only and should not be considered investment advice. Please conduct your own research and consult a financial advisor before making any investment decisions.
$TRU 5X TRADE | Truefi +537% Cup and Handle PatternTruefi has had extremely bullish price action recently and is currently forming a multi-month cup and Handle pattern.
The pattern has been confirmed with the price retesting the neckline after forming a downward handle. A complete breakout would send us back to 2022 ATHs, which would be ~$1.14 and would be a 5X gain from current prices (~527%).
Set appropriate stop losses and DYOR, good luck!
#TRU\USDT#TRU
The price is moving in a descending channel on a 4-hour frame.
The price is moving within it and is adhering to it to a large extent.
We have a support area in green and bounced from it at the 0.0800 level.
We have a tendency to hold above moving average 100.
We have a downtrend on the RSI indicator that supports the rise and is about to break higher
Entry price is 0.1000
The first target is 0.1190
The second goal is 0.1377
the third goal is 0.1554