TrueFi (TRU) completed another setup for upto 32% pumpHi dear friends, hope you are well and welcome to the new trade signal of TrueFi (TRU) with US Dollar pair.
Previously we caught almost 71% pump of TRU as below:
Now on a 4-hr time frame, TRU has formed a BAT move for the next pump.
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.
TRUUSDT trade ideas
#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
Long Trade Position TRUUSDTTest your analytical skills in the tradingview simulator with virtual money to become a professional. In spot trading, I will specify the entry points, loss limit and profit limit for you! The conditions for entering the trade and our strategy are as follows, when you notice that the market trend is increasing and at least two green candles close above the entry point in fifteen minutes, you can enter the trade from the beginning of the third green candle. Be patient and don't rush to enter! After the price reaches the first target, move your stop loss below the first profit limit so that if the price reverses, your trade will be closed with profit. Repeat the above strategy to continue the price targets shown on the chart. If the price reaches or falls below our loss limit before the above condition, entering this transaction is invalid because it must be re-analyzed and the new entry, loss and profit limits must be determined. Note that the market trend is formed with clever tricks by the market maker, so even the most powerful analyzes may be invalidated. The only thing we can do is to surf the waves and stick to our strategy so that while taking care of our capital, Let's make a profit. These exercises will make you experience profit and loss with virtual money in the real market and improve your analysis and personal strategy. Know your fear and greed and gradually control them so that your business becomes profitable and you suffer less loss.
TRU ANALYSIS🚀#TRU Analysis : Breakout and Retest
🔮As we can see in the chart of #TRU that there is a formation symmetrical triangle pattern. Also there is a perfect breakout. This indicates a potential bullish move.📈📈
🔰Current Price: $0.11990
🎯 Target Price: $0.17700
⚡️What to do ?
👀Keep an eye on #TRU price action. We can trade according to the chart and make some profits⚡️⚡️
#TRU #Cryptocurrency #TechnicalAnalysis #DYOR
TRUUSDT: Bullish Trend (Bullish Flag)🚀 Exciting Trading Opportunity Unfolding! 📈 TRUUSDT.P on the 1-hour chart reveals a meticulously identified Bullish Flag pattern, signaling a potential breakout for lucrative gains! 🌐 Join us as we navigate this promising setup, anticipating a decisive uptrend. 📊 No bearish divergence or trend in sight – the stage is set for a bullish surge! 📢 Traders, seize the moment strategically, position yourselves for maximum advantage, and stay alert for the breakout signal. 📈🚀 Let's ride this wave together! 🌊 #TRUUSDT #BullishFlag #TradingOpportunity #Crypto
#TRU/USDT#TRU
The price has been moving in a descending triangle since the beginning of 2022
The price has now reached the downtrend and is about to break it.
We got support in the 0.03400 zone.
Price Now 0.0607
First Goal 0.1012
Second Goal 0.1494
Approximately 200% of the price
We have oversold on MACD
Moving Average 100 was broken, which gave a push for the price
#TRU/USDT#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 second goal is 0.1700
the third goal is 0.1870
✴️ TrueFi Rising Channel & Easy/Fast 100% TargetHere is a short-term trade setup with a nice 100% profits potential.
➖ We can see TRUUSDT moving within an ascending channel safely above MA200, with a strong RSI.
➖ Notice how the bullish bias is really strong yet there is no rise in trading volume, this is a consolidation signal.
➖ Volume will produce a strong jump as soon as the initial move starts to develop. This also indicates that the first move can be really strong as there is no overhead resistance.
Remember to prepare for all scenarios... What to do if there is a breakdown of this chart?
Stop-loss or exit criteria should be considered before entering.
👉 The target on the chart can hit within days.
Namaste.
TRU/USDT LOOKING GREAT 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 a bullish rally, I must emphasize that this is not financial advice. It is essential to conduct your research (DYOR) and consider various factors before making any trading decisions. Keep in mind that the cryptocurrency market can be volatile, and unexpected events may impact price movements.
TRU is a bombThe TRU has formed a large diametric and we are now in a G wave, but it looks like the G wave will end soon.
If the price pullback towards the green box, we will enter a buy/long position.
Targets are marked on the chart
Closing a daily candle below the invalidation level will violate the 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
TRUUSDT.PHello Trader BINANCE:TRUUSDT.P
potential to make another bottom/bounce of the 4-hour support area. even though this pair has touched the ath but there is still more potential to be bullish as long as the chart does not reject the white line area. recommend for spot only
take profit 48%
stop loss 10%
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
Thoughts on TruFi and the potential trend on RWA.Good deals, and may luck be on your side. Good day, dear readers. Today I suggest taking a look at the TruFi token. I'm not recommending buying it, but rather considering it from an investment perspective for the upcoming bull market.
In brief, TruFi is a lending protocol (lend/borrow) linked to RWA (real-world asset tokenization). The system even has its own not very successful stablecoin, which has recently been somewhat detached due to various events involving Binance, Justin Sun, etc., although as claimed by the teams and other people, this stablecoin was fully backed by dollars.
The token and platform's interest lies in its interaction with the real world. In my humble opinion, tokens from this sector will experience hype during market growth. Additionally, loan defaults lead to quite real legal consequences (with their pros and cons). As far as I understand, market participants (crypto enthusiasts, hodlers, coin holders, and ordinary people unrelated to institutional investments) can provide liquidity to the DeFi protocol. After that, a borrower who can borrow money, not in ethers or bitcoins, but in dollars, can be found.
Observing the perplexing movements of the stablecoin, I intentionally write this review to draw your attention to this asset. This is not a call to buy at current prices, as the price could very well break new lows before trending upward or stagnating. Nevertheless, this is a rather risky investment, suitable for a short-term peak and the first downturn of the bull market, but with the potential for decent returns. Since hitting bottom, the token has only risen by 120%, and the first subsequent minimal target would be beyond local highs, likely much higher. Even upon reaching this target, we could expect a 130% profit from this position. My motivation for investing in it (although I bought earlier and now hold about 40%) is the price bottom, token revival (albeit not very successful, as the daily candle was extinguished), prolonged accumulation, high previous highs, and potential hype associated with RWA.
The target on the chart is minimal and conditional, and cup-and-handle formations often do not play out and are frequently fictitious.
If you do seriously consider the possibility of acquiring the token, be sure to study it independently and at least read about it, as from the perspective of conservative investments, this is an extremely risky deal. I strongly advise against investing more than 0.5%-1% of your total portfolio.
This review is a work of fiction and is not an investment recommendation.