TrueFi Can Do 95% or More Easy Above EMA50Now that TRUBTC (TrueFi) is growing above EMA50 additional growth is easily possible.
We saw how breaking above EMA50 on this pair led to massive growth back in early August.
After a strong correction, prices are back above this level with bullish indicators (MACD and RSI).
We can see a sudden burst of 95% short-term and even more mid-term to around 190%.
Additional details on the chart.
Namaste.
TRUBTC
TRUUSDT Technical Analysis
⏳ Spot
💎 TRUUSDT has broken above the triangle. It can go lower to the Pullback zone before it continues to go higher. It might also go higher after retesting the Support line
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at 0.4200
☕️ TP1 0.5830
🍺 TP2 0.6680
🍻 TP3 0.8000
🍾 TP4 ______
🍷 TP5 ______
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 0.3900
Good Luck 🎲
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TRUUSDT Technical Analysis
⏳ Spot
💎 TRUUSDT on H4 has formed a descending channel and has broken above the resistance. We see several rejections from the Support line. We expect that the price goes down for a pullback before it continues to go higher.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.4150
☕️ TP1 0.5000
🍺 TP2 0.5400
🍻 TP3 0.6000
🍾 TP4 0.6500
🍷 TP5 0.7165
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 0.3820
Good Luck 🎲
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a Profitable Day
TRUBTC: the end of sell setup by the next candleTrueFi is a protocol for creating interest-bearing pools with a high APR for liquidity providers. TrueFi includes utility and rewards mechanisms using TrustTokens (TRU) and rewards participants for maintaining stable, high APRs.
TRU is the native token of the TrueFi protocol and is used for: TrustToken holders ultimately have a say over who is a credible borrower in the prediction market. TRU gives the holder the ability to rate credit for third parties. Through TRU credit rating, a permissionless system of credit can be built which operates purely through incentives. TRU owners have part ownership in building a new credit system.