Get started

TrueFi / TetherUS PERPETUAL CONTRACT

No trades
OverviewNewsIdeasMindsTechnicalsSeasonalsMarkets

Trade ideas

TrueFi | No Accumulation Before Bullish Wave? Bitcoin Dynamics We saw projects such as Solana and Bitcoin, Tron as well, that moved to hit new All-Time Highs, or very close to their November 2021 peak price. These projects and their trading pairs would need to undergo a correction followed by consolidation before producing a new, big, major bullish wave; that's the reasoning we've been following lately. Here we have TrueFi in its Tether pairing, TRUUSDT, and we expect no such consolidation, why? The bullish wave in late 2023, ending in early 2024, was much smaller compared to Bitcoin, Solana and Tron. While these move to hit new ATH, TRUUSDT and others Altcoins that are good now, only produce the "initial breakout." This wave hit as high as the price at which the pair traded back in April 2022. So it is a small wave in comparison. Since it is a small wave, it requires a small correction. Since it is a small wave, it requires a small consolidation phase before the next move. All the action happening now can be considered part of a long-term accumulation. On the other hard, a super strong wave would require a super strong correction. A super strong wave would require a strong consolidation phase before another super strong b-wave can develop. Think back to mid-, late 2023. Bitcoin had to consolidate (accumulation phase) for 7 months (220+ days) before it was able to move from ~26,000 to 74,000. In order for Bitcoin to move to new highs, it would need to produce a strong and long consolidation phase. Right now it is going through a distribution phase. It is like accumulation but in reverse, it is loading and gaining force in order to break-down a strong support. That's why TrueFi looks good now for accumulation in expectation of long-term growth. It is not that it will move within days or weeks, but rather we can buy and wait for months to later enjoy massive growth with a great entry. If it drops, buy more. If it drops more, buy some more. Then wait... Wait, patience; hold. Then it starts to move up again... Still, nothing great. Then it speeds up, you are now full in the green; months pass by this time. Then things start to look great. The market undergo fluctuations, panics, corrections, swings; but you are fine because you bought the year prior at low prices and thus everything looks great. When euphoria hits the market and people start talking about Bitcoin 500K, prepare because that is likely the end. I will be here though pointing it all out, and you can use this information in the best way you can. Thank you for reading. Namaste.
Long
by MasterAnanda
3
#TRU/USDT#TRU The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern and was broken to the upside. We have a bounce from a major support area in green at 0.0900 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward. Entry price is 0.1250 The first target is 0.1800 The second target is 0.2100 The third goal is 0.2472
Long
by CryptoAnalystSignal
TrueFI (TRU) - 350% returnOn the above 4-day chart price action has corrected 75% since March. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Significant bullish divergence. Multiple oscillators print positive divergence with price action. 3) Bull flag break out with 350% target projection. Is it possible price action prints lower highs? Sure. Is it probable? no. Ww Type: trade Risk: <=6% Time to act: days Return: 350%
Long
by without_worries
39
TRU buy setupConsidering the bearish CH and the liquidity pool at the bottom of the chart, it seems that TRU intends to move towards the specified POI. It can be rejected upwards while maintaining the POI range Closing a daily candle below the invalidation level will violate this analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
by iMoneyTeam
TRU is hotA condition is created for the TRU to be pumped up to the specified tp. We have a bullish structure on the chart and there are two large liquidity pools on the chart that the candles are trying to sweep. By keeping the specified demand, it can move towards tp. Closing a daily candle below the demand range invalidated the analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
Long
by iMoneyTeam
TRU/USDT - A long term trade with right entry BINANCE:TRUUSDT (1W CHART) Technical Analysis Update TRU is currently trading at $0.147 and the price is currently reversing towards it's support zone and we expecting this support zone to hold strong. We have a good opportunity for a long trade in spot market or with the low leverage. i'm entering the trade at the current price and planning DCA if price drops more. Entry level: $ 0.1477 Stop Loss Level: $ 0.08459 TakeProfit 1: $ 0.19248 TakeProfit 2: $ 0.24517 TakeProfit 3: $ 0.39943 TakeProfit 4: $ 0.67278 TakeProfit 5: $ 1.04682 Max Leverage: 2x / Spot Position Size: 1% of capital Remember to set your stop loss. Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
5
TRU Surprise 200 %A double bottom pattern has formed on the weekly chart. A pullback towards the $0.101 support zone could confirm the activation of the double bottom. If the price breaks above the resistance level of $0.227, the next targets could be $0.415 and then the range of $0.678 to $0.817. 200% Growth Potential: Do you think we will grow by 200%? This analysis is for informational purposes only and should not be considered investment advice. Please conduct your own research and consult a financial advisor before making any investment decisions.
Long
by Crypto-Oracle1
2