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...
#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...
#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,...
#TRU
We have a downtrend on a 4-hour frame, the price is moving within it and adhering to its limits well, and it has just been breached to the upside.
We have a major support area at Saad 0.1200
We have a higher stability moving average of 100
We have a downtrend on the RSI that is about to break higher
Entry price is 0.1490
The first target is 0.1550
The...
The TRU/USDT pair appears to be gaining strength in the short term. A breakout has been confirmed on the 1-hour timeframe, indicating a possible bullish momentum. Looking at the 3-day timeframe, TRU's price is breaking through horizontal resistance levels, which could signal a significant upward movement in the coming days.
While the technical indicators suggest...
Today our attention was drawn to TrueFi TRU. We think we understand the logic of the behavior of buyers and sellers in this asset.
So, let's try to take a position for a medium-term trade on the following conditions:
Entry: in the range of $0.034-0.0358 (the desired average price is $0.0349)
Stop: $0.0318 (-8.88%)
Take profit: $0.0628 (+80%)
P/L ratio -...
🧠With the end of the rally, we have formed a potential smiley bearish structure in the consolidation process, and if this bearish structure holds, there is a high probability that we will reach the buying area. A healthy pullback makes the next rally more explosive.
Let's see👀
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