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TRUUSDT trade ideas

TRU ANALYSIS🔮 #TRU Analysis - Breakout 🚀🚀 💲💲 As we can see that there is a formation of Descending Triangle Pattern in #TRU and trying to breakout the descending trendline.If #TRU breakout and sustains the higher price then we will see a bullish trend. 📈📈 💸Current Price -- $0.05822 📈Target Price -- $0.08617 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #TRU #Cryptocurrency #DYOR
Long
by ZEUS_Market_Alerts
TRU/USDT Ready for an Explosive Journey? 👀🚀TRU Analysis💎Paradisers, let's take a closer look at #TRUUSDT, where the current trends indicate a viable opportunity for a bullish resurgence from its essential support zone. 💎A review of #TrueFi's latest market trajectory reveals a profound 79% reduction from its recent high. Yet, the determination at the support level of $0.04675 suggests a doorway to an upward movement. 💎Despite the hurdles in achieving new highs or surpassing previous records, which has led to a temporary bearish sentiment, the $0.04675 level is pivotal for #TRU. This juncture is on the cusp of initiating a notable bullish wave with a fresh evaluation. 💎As forward-thinking traders, we're perpetually prepared with an alternative plan. If #TRU dips further from this support, we're poised for a bullish comeback starting from the secondary support at $0.034. It's imperative to acknowledge, however, that crossing below this point could indicate a deeper bearish trend. 💎Maintain adaptability in your strategies and keen observation of market trends, Paradisers. Your ParadiseTeam is vigilantly watching, ready to guide you through these evolving market scenarios.
Long
by MyCryptoParadise_Simon
TRU trade setup looks absolutely incredible!The current cup & handle setup that has been forming is absolutely incredible looking! The recent down-thrust looks to have formed the bottom foundation of the formation's handle. I'm waiting patiently for the price to retest the breakout level from the "Bitcoin Approval Rally.' I will be putting a long position on in that area when my charts give me the signal. This trade setup would work better on a higher dollar/lower leverage entry vs. in my opinion as it will take some time for this pattern to play out to its finality. If you use leverage, make sure that you keep it reasonable (10 - 20x), and keep extra funds in your account to give you a larger spread from your Liquidation Price to assist you in avoiding that dreaded 4 o'clock liquidation candle the Market Maker's love to throw at us in the middle of the night while we're tucked into bed sawing logs. Good luck!
Long
by MetaShackle
TRU/USDT bullish horizons from demand? 👀🚀TRU Today Analysis💎 Paradisers, take note of the current dynamics in #TRUUSDT, indicating a setup for a bullish journey from its emerging demand zone. 💎 #TRU has recently undergone a notable pattern, where it swept liquidity above a resistance level before taking a downturn. Currently, having breached the support at $0.04937, we're eyeing a bullish momentum initiating from the lower demand zone at $0.04622. Should the price respect this zone and maintain a strong upward momentum, we anticipate a vigorous bullish move targeting higher resistance levels. 💎 In the constantly evolving landscape of cryptocurrency trading, flexibility and readiness for diverse market scenarios are crucial for #TRU traders. If the asset faces difficulty in sustaining its position at the current demand level, adapting our strategy to anticipate a bullish surge from a deeper support level at $0.04138 might be wise. 💎 Importantly, a descent below this support could signal a need for a strategic pivot, suggesting potential challenges in maintaining a bullish trajectory in the #TRU market.
Long
by MyCryptoParadise_Simon
3
BINANCE:TRU/USDT - Did you miss this triangle breakout ?------------------------------------------------------------------------------------------ Description ------------------------------------------------------------------------------------------ + A perfect triangle pattern formed for TRU/USDT + Upward breakout of the price confirmed after multiple rejection around the resistance line + Overall price is trending bullish and this is a good opportunity to enter a LONG trade. + This is a trade with tight stoploss, so be careful. ------------------------------------------------------------------------------------------ Signal ------------------------------ VectorAlgo Trade Details ------------------------------ Entry Price: 0.05847 Stop Loss: 0.05615 ------------------------------ Targets 1: 0.05950 Targets 2: 0.06350 Targets 3: 0.06555 Targets 4: 0.06758 ------------------------------ Timeframe: Capital: 1-2% of trading capital Leverage: 5-10x ------------------------------------------------------------------------------------------ Note: Don't forget to keep the stop-loss. ------------------------------------------------------------------------------------------ Agree or Disagree with the ideas ? lets discuss in the comments. Like and follow us for more ideas. Regards
Long
by VectorAlgo
Truefi $TRU Fundamental and Technical play1. Overall Trend: The chart shows that NYSE:TRU has been in a general downtrend, as indicated by the descending trendline connecting the series of lower highs. However, more recently, there seems to be an upward movement suggesting a potential trend reversal. 2. Support and Resistance: The horizontal lines represent potential support and resistance levels. These are price points where the price has historically found a floor (support) or ceiling (resistance) and reversed direction. 3. Recent Price Action: The price has recently broken above the descending trendline, which is typically considered a bullish signal. If the price can maintain above this line, it might suggest a change in the underlying market sentiment. 4. Volume: The volume seems to be stable or slightly increasing with the recent price rise. Increasing volume during a price rise is often interpreted as a confirmation of the upward trend. 5. Potential Reversal Indicators: The break above the descending trendline and the formation of what appears to be higher lows and higher highs on the most recent price movements could indicate a reversal from the prior downtrend. 6. Future Price Trajectories: The diagonal lines that extend into the future suggest potential trend lines or targets. If these represent anticipated support or resistance levels, the price may experience significant interaction at these points.
Long
by Taoh
TrueFi TRU long medium-term trade #20Today our attention was drawn to TrueFi TRU. We think we understand the logic of the behavior of buyers and sellers in this asset. So, let's try to take a position for a medium-term trade on the following conditions: Entry: in the range of $0.034-0.0358 (the desired average price is $0.0349) Stop: $0.0318 (-8.88%) Take profit: $0.0628 (+80%) P/L ratio - 9/1 We allocate $5,000 for TRUUSDT trade, because the coin is highly volatile In the event of a mistake, we will lose $450 If the trade will be a success, we will receive a profit of $4000
Long
by P_S_trade
32