TrueFi · Bitcoin vs the Altcoins · Low Risk vs High RewardsTrueFi is trading at bottom prices. Notice the big difference between this pair and the ones that are trading high, near resistance or at a new all-time high. This is the difference I want to point out to new buyers.
If you are entering the market just now, you should be considering pairs like this
TRU Upside Reversal
Truefi´s recent upside after touching the green descending trendline looks convincing, with a motive wave and bullish RSI divergence.
I´m labeling this as wave 1/A.
Right now price is overbought, so I´ll wait for wave 2/B pullback to look for long trades.
Next key resistance zone is just below 0
TrueFi (TRU)#TRU
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward break.
We have a support area at the lowe
#TRU/USDT#TRU
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel. This support is at 0.0300.
We are experiencing a downtrend on the RSI
$TRU 4H chartNYSE:TRU 4H chart has broken out of a descending trendline, showing bullish momentum.
Price is now approaching the key resistance zone around $0.041.
A successful breakout here could push the price toward the $0.0474 target +25%.
Watch for a possible retest of the breakout zone before continuat
#TRU/USDT#TRU
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel.
This support is at 0.0375.
We are experiencing a downtrend on the
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.