TrueFi (TRU) - Bullish divergence

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

What if chart

การซื้อขายยังคงดำเนินอยู่:

Warming up...

การซื้อขายยังคงดำเนินอยู่:

Resistance broken.. bears in trouble now.

ความคิดเห็น:

12hr chart currently

การซื้อขายยังคงดำเนินอยู่:

Volume attracts attention. Unless you use the back door.

An exchange with seemingly no volume for years and then..

Similar on Binance

There’s something else, will update on Patron page.

ความคิดเห็น:

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?!

ความคิดเห็น:

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

DOGE Dec 2020

YFII May 22

การซื้อขายยังคงดำเนินอยู่

ความคิดเห็น:

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.

การซื้อขายยังคงดำเนินอยู่:

There she goes...

การซื้อขายยังคงดำเนินอยู่:

There she goes again...

ความคิดเห็น:

No sell signal = no action, let it run if you're long.

2-day chart

ความคิดเห็น:

Take it to the limit, one more time...

ความคิดเห็น:

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

Daily BTC pair.

การซื้อขายยังคงดำเนินอยู่:

Corrective wave 2 finished. Enjoy wave 3. Will begin sooner than you think.

ความคิดเห็น:

Support on past resistance confirmed

ความคิดเห็น:

Something nice... will say elsewhere.

ความคิดเห็น:

An excellent moment.

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

2-day

ความคิดเห็น:

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.

การซื้อขายยังคงดำเนินอยู่:

Nice..