TrueFi Moves Above EMA50 | Strong Signal Incoming

21 thg 10, 2021

EMA50, the bold magenta line on the chart, can be used as the main indicator to confirm if any altcoin trading pair is actually weak or strong.

Look what happened after the 4th of August.
TRUBTC went above EMA50 and a very strong bullish candle followed.

Today, this same level is being challenged at 0.00000958.
Closing above this level can signal that the correction is over and this pair will also start to grow.

We also have other indicators such as the falling wedge, the fib. levels and the RSI now strong.

We can expect higher prices.
Even if there is a drop, the bulls still remain in control (blue arrow).

Additional details on the chart.

Namaste.