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TRUUSDT trade ideas

TRUUSDT CHART ANALYSฤฐS - EDUCATฤฐONAL POSTHow NFT Technology Developed NFT technology was created in 2017 based on Ethereum smart contracts. Since then, we have witnessed many successful NFT projects and deals. Stories like these perfectly describe the current and future possibilities of the technology. The development of blockchain technology and the emergence of NFT services coincided with other processes in society and the economy. Many new players appeared in the stock markets, including non-professional traders and amateur investors. The democratization of financial markets coincided with the pandemic: being in self-isolation, alone with their devices, many people began to pay attention to new financial instruments. The information that arose around them also played a specific role in the โ€œrevivalโ€ of NFTs. The big names in the news headlines supporting NFTs couldnโ€™t help but draw attention to them. That is one of the reasons why the success of the technology was inevitable.
by EngineeringRobo
1
TRU/USDTKey Level Zone: 0.04400 - 0.04430 HMT v6 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity. HMT (High Momentum Trending): HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards. Whenever I spot a signal for my own trading, Iโ€™ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved. Important Note : Role of Key Levels: - These zones are critical for analyzing price trends. If the key level zone holds, the price may continue trending in the expected direction. However, momentum may increase or decrease based on subsequent patterns. - Breakouts: If the key level zone breaks, it signals a stop-out. For reversal traders, this presents an opportunity to consider switching direction, as the price often retests these zones, which may act as strong support-turned-resistance (or vice versa). My Trading Rules Risk Management - Maximum risk per trade: 2.5%. - Leverage: 5x. Exit Strategy Profit-Taking: - Sell at least 70% on the 3rd wave up (LTF Wave 5). - Typically, sell 50% during a high-volume spike. - Adjust stop-loss to breakeven once the trade achieves a 1.5:1 reward-to-risk ratio. - If the market shows signs of losing momentum or divergence, ill will exit at breakeven. The market is highly dynamic and constantly changing. HMT signals and target profit (TP) levels are based on the current price and movement, but market conditions can shift instantly, so it is crucial to remain adaptable and follow the market's movement. If you find this signal/analysis meaningful, kindly like and share it. Thank you for your support~ Sharing this with love! HMT v2.0: - Major update to the Momentum indicator - Reduced false signals from inaccurate momentum detection - New screener with improved accuracy and fewer signals HMT v3.0: - Added liquidity factor to enhance trend continuation - Improved potential for momentum-based plays - Increased winning probability by reducing entries during peaks HMT v3.1: - Enhanced entry confirmation for improved reward-to-risk ratios HMT v4.0: - Incorporated buying and selling pressure in lower timeframes to enhance the probability of trending moves while optimizing entry timing and scaling HMT v4.1: - Enhanced take-profit (TP) target by incorporating market structure analysis HMT v5 : Date: 23/01/2025 - Refined wave analysis for trending conditions - Incorporated lower timeframe (LTF) momentum to strengthen trend reliability - Re-aligned and re-balanced entry conditions for improved accuracy HMT v6 : Date : 15/02/2025 - Integrated strong accumulation activity into in-depth wave analysis
Long
by Ren_MomentumTrader
#TRU/USDT#TRU The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it We have a bounce from the lower limit of the descending channel, this support is at a price of 0.0350 We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 0.0438 First target 0.0511 Second target 0.0553 Third target 00630
Long
by CryptoAnalystSignal
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 ๐Ÿšจ, 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: ๐Ÿ“‰ TRUโ€™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. ๐Ÿ’ก Trading Volume: ๐Ÿ“Š If the volume increases when the price bounces from the channelโ€™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: ๐Ÿ“ˆ 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. ๐Ÿš€ Upcoming Scenarios Bullish Scenario: ๐ŸŒŸ 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 Channelโ€™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. ๐Ÿ“Œ Bearish Scenario: โš ๏ธ 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. ๐Ÿ›‘ Weakness in RSI: A breakdown of the support zone (41.24 - 44.19) in the RSI could signal a continuation of the downtrend. ๐Ÿ”ป Range-Bound Scenario: โธ๏ธ If the price remains within the weekly support zone and trading volume decreases, a short-term range-bound movement may develop. ๐Ÿ”„ Stop-Loss: For long trades, set the stop-loss below the 0.0600 range. โŒ Trade Volume: Given the high risk, it is recommended to allocate only a small percentage of capital to this trade. ๐Ÿ’ฐ 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. โšก Recommendation: Always review fundamental factors and project-related news before making any decisions. ๐Ÿ“ฐ โš–๏ธ 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! ๐Ÿš€
by alizeynali69
TRU/USDTKey Level Zone: 0.06830 - 0.06880 HMT v5 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity. HMT (High Momentum Trending): HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards. Whenever I spot a signal for my own trading, Iโ€™ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved. Important Note : Role of Key Levels: - These zones are critical for analyzing price trends. If the key level zone holds, the price may continue trending in the expected direction. However, momentum may increase or decrease based on subsequent patterns. - Breakouts: If the key level zone breaks, it signals a stop-out. For reversal traders, this presents an opportunity to consider switching direction, as the price often retests these zones, which may act as strong support-turned-resistance (or vice versa). My Trading Rules Risk Management - Maximum risk per trade: 2.5%. - Leverage: 5x. Exit Strategy Profit-Taking: - Sell at least 70% on the 3rd wave up (LTF Wave 5). - Typically, sell 50% during a high-volume spike. - Adjust stop-loss to breakeven once the trade achieves a 1.5:1 reward-to-risk ratio. - If the market shows signs of losing momentum or divergence, ill will exit at breakeven. The market is highly dynamic and constantly changing. HMT signals and target profit (TP) levels are based on the current price and movement, but market conditions can shift instantly, so it is crucial to remain adaptable and follow the market's movement. If you find this signal/analysis meaningful, kindly like and share it. Thank you for your support~ Sharing this with love! HMT v2.0: - Major update to the Momentum indicator - Reduced false signals from inaccurate momentum detection - New screener with improved accuracy and fewer signals HMT v3.0: - Added liquidity factor to enhance trend continuation - Improved potential for momentum-based plays - Increased winning probability by reducing entries during peaks HMT v3.1: - Enhanced entry confirmation for improved reward-to-risk ratios HMT v4.0: - Incorporated buying and selling pressure in lower timeframes to enhance the probability of trending moves while optimizing entry timing and scaling HMT v4.1: - Enhanced take-profit (TP) target by incorporating market structure analysis HMT v5 : Date: 23/01/2025 - Refined wave analysis for trending conditions - Incorporated lower timeframe (LTF) momentum to strengthen trend reliability - Re-aligned and re-balanced entry conditions for improved accuracy
Long
by Ren_MomentumTrader
Tru/UsdtBINANCE:TRUUSDT ### **Current Price: 0.1484 ๐Ÿ“Š** - The **current price** of Tru is **0.1484**. This is where the market is right now. From here, the price could either go up, break through resistance levels, or drop to support levels depending on market movements. --- ### **Resistance Levels ๐Ÿšง:** Resistance levels are points where the price may face difficulty rising above. If the price breaks through these levels, it might surge higher. - **0.1700** ๐Ÿš€: The first level of resistance. If the price breaks above this point, there could be a continuation of the upward trend ๐Ÿ“ˆ. - **0.2000** โšก: A stronger resistance level. Breaking this level could indicate a more significant bullish move. It could bring more attention to the asset as it climbs higher. - **0.2434** ๐ŸŒŸ: An even higher resistance level. If the price manages to break this point, it could signal a strong momentum shift and lead to a larger rally. Breaking these resistance levels means the price could push higher, but if it fails to maintain above these points, we could see a pullback. --- ### **Support Levels โฌ‡๏ธ:** Support levels are price points where the market tends to find buying interest. If the price falls to these points, buyers might step in, and the price could reverse. - **0.1233** ๐Ÿ›‘: The first support level. If the price drops here, it could find some support and might reverse back up ๐Ÿ“ˆ. However, if it fails to hold, we may see a further decline. - **0.1000** ๐Ÿ’ก: A critical support level. If the price reaches this level, it might indicate that the market is struggling to go lower. Buyers might step in, pushing the price back up ๐Ÿ . - **0.0800** ๐Ÿš๏ธ: The lowest support level you mentioned. If the price drops here, it could signify a deeper correction or a strong area where the price might stabilize. However, if this level is broken, further declines are possible โฌ. --- ### **Not Financial Advice ๐Ÿšซ๐Ÿ’ธ** Remember, this analysis is just an observation based on the levels you provided, and the market can be unpredictable. Always do your own research and be cautious when making trading decisions!
Long
by Wolftrader1337
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
by behdark
2
Tru/UsdtBINANCE:TRUUSDT ### ** NYSE:TRU Update ๐Ÿšจ** ** NYSE:TRU ** has **broken out** of its **main falling wedge pattern** after consolidating for the past few months! ๐Ÿ“‰โžก๏ธ๐Ÿ“ˆ This is a major technical signal indicating potential for significant upward movement in the near future. ๐Ÿ”ฅ --- ### **What's Happening?** - **Falling Wedge**: The falling wedge pattern is typically a **bullish continuation pattern**, where the price gradually narrows between two converging trendlines. A breakout from this pattern often signals the start of an uptrend. - **Consolidation**: Over the past few months, NYSE:TRU has been in a period of consolidation, meaning it was trading in a relatively tight range with no strong direction. Now that it has **broken** out of this pattern, the potential for **strong price movement** is on the table. --- ### **Potential Gains ๐Ÿ’ฐ** - After breaking the wedge, thereโ€™s potential for **100%+ gains** if the bullish momentum continues. ๐Ÿš€ - **First Target**: The immediate goal is to watch for the price to maintain its breakout level and potentially target **previous highs** or resistance areas from before the consolidation. - **Long-Term Potential**: A sustained breakout could push NYSE:TRU even higher, depending on the market's response and broader trends. --- ### **Why This Matters:** - **Bullish Breakout**: Breaking a falling wedge is often a sign that the asset is gearing up for strong upside movement. Investors who catch the breakout early could benefit from substantial returns. - **Volume Confirmation**: Watch for **increased volume** accompanying the breakout. A strong breakout with high volume is usually more reliable than one with low volume, which might indicate a false breakout. --- ### **Next Steps ๐Ÿ”:** - Keep an eye on ** NYSE:TRU โ€™s price action** over the next few days. If the breakout holds, we could see rapid price increases as more buyers come in. - Be mindful of possible **retests** of the breakout level (a pullback to the breakout zone), as this can provide a better entry for traders. --- **Reminder**: Always do your own research (DYOR) and keep track of broader market conditions. ๐Ÿ“š๐Ÿ“Š (Not financial advice, just sharing the technical analysis! ๐Ÿ˜‰)
by Wolftrader1337
2