TRUUSDT trade ideas
TRUUSDT Technical AnalysisStill need to wait for a breakout, If the price breaks the resistance we expect it to go higher.
TP1 @ 0.406
TP2 @ 0.494
SL at Support breakout
LONG TRUUSDTTRUUSDT IS at the support zone with multiple rejection candles. Which shows buyer are encroaching
TRUUSDT - 3HR - RSI BottomAfter each RSI bottom there was at least a 50% price increase. We are near the bottom again. Be ready
Breakout of this trendline is confirmation of a move to $0.60This set up shows us a run to $0.60 for TrueFi is on the cards. Keep an eye on it.
TRUUSDT - AnalysisEngineeringRobo is bullish for TRUUSDT at the moment. If you consider buying wait for the daily close above the 0.5 area support line
As long as EngineeringRobo is bullish and the candles are above the uptrendline no need to hurry to sell it.
If you want to make the quick profit, you can sell it at the first resistance level (0.63 area support line) .
Otherwise, just follow the signals.
TRUUSDT | Daily Time Frame | 4 May 21TRU broke out strong dynamic resistance and triangle and will pump over 70%
tru fi tradeHI peeps, tru fi has been doing it very good the past days
so i would like to go in to this. what i am looking for is the break and retest.
watch it and get in. catch you in the next trade. follow like and share.
stay int he green
Tru GEM found!Truebit is a blockchain enhancement which enables smart contracts to securely perform complex computations in standard programming languages at reduced gas costs.
TRU.USDT (Y21.P2.E1).Nice formationHi All,
This crypto alluded me, never looked at it until now and having had a look after someone stating on Youtube that it will be big (who knows), with these letters $_R_ (missing) I thought I give this one.
TrueFI or TRU might be the one he was alluding to. It turns out he was talking about Truebit TRU.
Having looked at this chart, it makes a lot of sense, as I labelled it.
Currently inverted H&S taking place which I missed out but also I have highlighted how to play this if it hits these levels.
Note the structure and fib levels. I only suggest what might take place but its only a suggestion but the key thing is, its going up.
The 0.5 fib level will be a pause in this uptrend.
I'll leave the rest for you to work out how to trade it, as my post highlights key levels.
All the best,
S.SAri
TRU reversal scenarioTRUFI is starting to look better now. more buyers coming in. Lets see if this is a fake out or a true reversal !
TrueFi- A Diamond in the Making - What DeFi is MissingThis is one of my long term holds and a real gem. We have been building a position since private sale and have recently added at 40 cents.
When TRU was initially conceived, it was a platform for tokenizing real world assets. The project pivoted to defi and is developing functionality for uncollateralized lending. It is currently undervalued due to poor tokenomics, which do not fit its utility. The tokenomics are left over from the prior vision and have yet to be adjusted. Currently the team is moving through the road map, Currently there is governance in place and an active community, making it a matter of time before we see a approved proposal to increase token burns.
Coming up in the road map there is support for USDC and other assets (BTC, ETH, DAI), then SAFU fund followed by uncollaterilzed lending. Once the tokenomics are fixed by burning overallocated tokens we can se a price of $4-5
On the technical side we have a double bottom on the 4 hour time frame, and support at the 42-45 cent zone confirmed.
** Not investment advice.
TrueFi seems at a good price to buyTRU has two strong resistance areas and gives a good Risk/Reward ratio. I consider two targets for now (orange short-lines).
Stop-loss also is shown on the long position.
