TrueFi (TRU) - Bullish divergence

Zaktualizowano
On the above daily chart price action has corrected 95% since last August. A number of reasons now exist to be long, including:

1) The ‘incredible buy’ signal prints.

2) Regular bullish divergence. 10 oscillators are currently printing bullish divergence over a 30 day period.

3) Price action and RSI resistance breakout. Look left!

4) Everything that was said above holds true for the daily BTC pair (below).

5) On 'what if' list. Don't know what I mean? Shame.

Is it possible price action falls further? For sure,

Is it probable? no.

WW


Ps, not trading this. If I have time, ask below for updates.


Type: trade
Risk: <=6% of portfolio
Timeframe: 1 to 3 months, seriously.
Return: 10


1-day BTC chart
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What if chart
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Zlecenie aktywne
Warming up...
Zlecenie aktywne
Resistance broken.. bears in trouble now.
Uwaga
12hr chart currently

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Zlecenie aktywne
Volume attracts attention. Unless you use the back door.

An exchange with seemingly no volume for years and then..
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Similar on Binance
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There’s something else, will update on Patron page.
Uwaga
First time ever the weekly pair on this token has printed a 'incredible buy'

There's something else that has occured on this token on the Poloniex exchange, does anyone else beside me the Patrons know what it is / was?!

snapshot
Uwaga
The only other ‘weekly’ incredible buys that I’ve seen printed over the last few years with divergence like TRU is but a few.. they really do not appear often.


AAVE
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DOGE Dec 2020
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YFII May 22
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Uwaga
The divergence on the 2-day chart is significant. Remember this is a small cap, once it moves there's no catching it. I'll update in time once a sell signal prints as before.

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Zlecenie aktywne
There she goes...
Zlecenie aktywne
There she goes again...
Uwaga
No sell signal = no action, let it run if you're long.

2-day chart
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Uwaga
Take it to the limit, one more time...

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Uwaga
** close bearish swing trades ** continuation of uptrend imminent.

Daily BTC pair.
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Zlecenie aktywne
Corrective wave 2 finished. Enjoy wave 3. Will begin sooner than you think.
Uwaga
Support on past resistance confirmed
Uwaga
Something nice... will say elsewhere.
Uwaga
An excellent moment.

Divergencies printing on the BTC pair are now the same as in January earlier this year.

2-day
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Uwaga
The reason I was bullish on YGG is incredibly similar to TRU.

Does it take 1 day, 10 days or 30? I don't know. If this is important to you then emotions are in control.
Zlecenie aktywne
Nice..
Multiple Time Frame AnalysisOscillatorsWedge

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
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