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Pearl-A
Aug 21, 2021 10:52 AM

TRUUSDT RISING CHANNEL PATTERN Long

TrueFi / TetherUSBinance

Description

Truusdt has been following an uptrend since the bounce from its strongest support level ($0.1). We saw price correction after the bull run to a new ATH($1) and truefi still showing bull signs following the rising channel pattern. Chart shows the minor and major rising channels which implies a possible uptrend to the higher high of the channel or prolly to a new ATH. $0.66 - $0.664 is a good entry with a stop loss at $0.621(6% risk). Price targets are shown at the red rectangles.
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Comments
naila16
Any chance it could go above 0.90?
svetok16reg
@naila16, do you still think the situation will change?
svetok16reg
dropped below 0.62, what thoughts next? falling down?
Pearl-A
@svetok16reg yeah it dropped but there's still higher chance it will rise to targets. This could only be invalid if support .625 fails to hold. Next down target would be .55
Pearl-A
@svetok16reg the last recent dip was a perfect entry, trust you got in?
svetok16reg
@Pearl-A, yes I bought it, now I don’t believe it will grow
Pearl-A
@svetok16reg it will, hodl.
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