TrueFi (TRU) - Bullish divergence
Updated
On the above daily chart price action has corrected 95% since last August. A number of reasons now exist to be long, including:
1) The ‘incredible buy’ signal prints.
2) Regular bullish divergence. 10 oscillators are currently printing bullish divergence over a 30 day period.
3) Price action and RSI resistance breakout. Look left!
4) Everything that was said above holds true for the daily BTC pair (below).
5) On 'what if' list. Don't know what I mean? Shame.
Is it possible price action falls further? For sure,
Is it probable? no.
WW
Ps, not trading this. If I have time, ask below for updates.
Type: trade
Risk: <=6% of portfolio
Timeframe: 1 to 3 months, seriously.
Return: 10
1-day BTC chart
What if chart
1) The ‘incredible buy’ signal prints.
2) Regular bullish divergence. 10 oscillators are currently printing bullish divergence over a 30 day period.
3) Price action and RSI resistance breakout. Look left!
4) Everything that was said above holds true for the daily BTC pair (below).
5) On 'what if' list. Don't know what I mean? Shame.
Is it possible price action falls further? For sure,
Is it probable? no.
WW
Ps, not trading this. If I have time, ask below for updates.
Type: trade
Risk: <=6% of portfolio
Timeframe: 1 to 3 months, seriously.
Return: 10
1-day BTC chart
What if chart
Trade active
Warming up...Trade active
Resistance broken.. bears in trouble now.Comment
12hr chart currently Trade active
Volume attracts attention. Unless you use the back door.An exchange with seemingly no volume for years and then..
Similar on Binance
There’s something else, will update on Patron page.
Comment
First time ever the weekly pair on this token has printed a 'incredible buy'There's something else that has occured on this token on the Poloniex exchange, does anyone else beside me the Patrons know what it is / was?!
Comment
The only other ‘weekly’ incredible buys that I’ve seen printed over the last few years with divergence like TRU is but a few.. they really do not appear often. AAVE
DOGE Dec 2020
YFII May 22
Trade active
Comment
The divergence on the 2-day chart is significant. Remember this is a small cap, once it moves there's no catching it. I'll update in time once a sell signal prints as before.Trade active
There she goes...Trade active
There she goes again...Comment
No sell signal = no action, let it run if you're long.2-day chart
Comment
Take it to the limit, one more time...Comment
** close bearish swing trades ** continuation of uptrend imminent.Daily BTC pair.
Trade active
Corrective wave 2 finished. Enjoy wave 3. Will begin sooner than you think.Comment
Support on past resistance confirmedComment
Something nice... will say elsewhere.Comment
An excellent moment.Divergencies printing on the BTC pair are now the same as in January earlier this year.
2-day
Comment
The reason I was bullish on YGG is incredibly similar to TRU.Does it take 1 day, 10 days or 30? I don't know. If this is important to you then emotions are in control.
Trade active
Nice..
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
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