TrueFi / TetherUS
Long
Updated

TrueFi (TRU) - Bullish divergence

575
Following a massive 80% correction a number of reasons now exist to be bullish on price action on the above 1-day chart.

1) The ‘great buy’ signal.

2) The beautiful regular bullish divergence. Also true for the BTC pair (below).

3) Price action is currently finding support on the golden ratio. Also true for the BTC pair.

Is it possible price action falls further? Sure

Is it probable? no.

Target? 40 cents for starters, then 70.

Good luck!

WW


1-day BTC pair
snapshot
Trade active
Note
The divergence continues to grow

snapshot
Trade active
Price action is on the verge of a 100%+ move

snapshot

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