TRUUSDT trade ideas
TRUUSDT - AnalysisEngineeringRobo is bullish for TRUUSDT at the moment. If you consider buying wait for the daily close above the 0.5 area support line
As long as EngineeringRobo is bullish and the candles are above the uptrendline no need to hurry to sell it.
If you want to make the quick profit, you can sell it at the first resistance level (0.63 area support line) .
Otherwise, just follow the signals.
TRU.USDT (Y21.P2.E1).Nice formationHi All,
This crypto alluded me, never looked at it until now and having had a look after someone stating on Youtube that it will be big (who knows), with these letters $_R_ (missing) I thought I give this one.
TrueFI or TRU might be the one he was alluding to. It turns out he was talking about Truebit TRU.
Having looked at this chart, it makes a lot of sense, as I labelled it.
Currently inverted H&S taking place which I missed out but also I have highlighted how to play this if it hits these levels.
Note the structure and fib levels. I only suggest what might take place but its only a suggestion but the key thing is, its going up.
The 0.5 fib level will be a pause in this uptrend.
I'll leave the rest for you to work out how to trade it, as my post highlights key levels.
All the best,
S.SAri
TrueFi- A Diamond in the Making - What DeFi is MissingThis is one of my long term holds and a real gem. We have been building a position since private sale and have recently added at 40 cents.
When TRU was initially conceived, it was a platform for tokenizing real world assets. The project pivoted to defi and is developing functionality for uncollateralized lending. It is currently undervalued due to poor tokenomics, which do not fit its utility. The tokenomics are left over from the prior vision and have yet to be adjusted. Currently the team is moving through the road map, Currently there is governance in place and an active community, making it a matter of time before we see a approved proposal to increase token burns.
Coming up in the road map there is support for USDC and other assets (BTC, ETH, DAI), then SAFU fund followed by uncollaterilzed lending. Once the tokenomics are fixed by burning overallocated tokens we can se a price of $4-5
On the technical side we have a double bottom on the 4 hour time frame, and support at the 42-45 cent zone confirmed.
** Not investment advice.
🆓TrueFi/USDT Analysis (29/3) #TRU $TRUTRU has conquered the 0.4$ zone and heading to 0.55$ or even 0.85$ zone in April.
But if it loses the 0.4$ zone, it will dump strongly to 0.33$ or 0.25$ zone
📅NEWS
👉May 20 : Tradable Load Tokens
👉May 20 : Improved Credit Model
👉May 20 : Stables in Lending Pool
👉May 20 : Launch Lines-of-Credit
📈BUY
-Buy: 0.39-0.41$. SL B
📉SELL
-Sell: 0.54-0.56$. SL A
-Sell: 0.83-0.87$. SL A
♻️BACK-UP
-Sell: 0.39-0.41$ if B. SL A
-Buy: 0.32-0.34$ if A. SL B
-Buy: 0.24-0.26$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
