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without_worries
Jul 2, 2022 2:53 PM

TrueFi (TRU) - Bullish divergence  Long

TrueFi / TetherUSBinance

Description

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

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Warming up...

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Resistance broken.. bears in trouble now.

Comment

12hr chart currently

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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

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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.

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There she goes...

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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 confirmed

Comment

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..
Comments
Salmin
so much text and all useless
zAngus
@Salmin, if you have a different view or think you have better analysis you can share you can always post a chart on your profile. You haven't for a while ;)
Salmin
@zAngus you've been seeing bullish divergencies for over a year now lol Luckily for you there was one day pump 6 months ago...
samanthaliyanage07
Wean moon...
without_worries
@samanthaliyanage07, You're only in it for the moon? Are you not a true believer in the fundamentals of this project that is on the verge of institutional adoption with 1 billion users to be on-boarded by this time next year? And if you believe that I'll tell you another...
samanthaliyanage07
@without_worries, sir ygg coin moon signal best tru ygg same tomarow mon?
without_worries
@samanthaliyanage07, Will moon soon as ya' sell. Tell me when ya' sell, gotss'ta help de analysis.
samanthaliyanage07
@without_worries, sir hope moon 2X
ArtfulDodger1974
Whoopee, it'll spike to 10 cents or better again and dump within a week. Can't wait! Not a seller at that price then or in the future. Like I said, a dollar I'll consider it. Has nothing to do with emotions, has everything to do with selling at the price I choose instead of being manipulated into selling.
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