If you're into technical analysis, you should master trading wedges, because they are pretty trustworthy patterns.
In TrueFi's case, the descending wedge went on for a few more days, and we finally got a breakout, above the wedge's top trendline and above gray resistance.
I'm short term bullish on TRU, and expect initially a test of blue resistance at 0.0821. Next comes , and then green resistance at 0.90. As long as we stay above gray 0.74 support, I'm bullish.
In TrueFi's case, the descending wedge went on for a few more days, and we finally got a breakout, above the wedge's top trendline and above gray resistance.
I'm short term bullish on TRU, and expect initially a test of blue resistance at 0.0821. Next comes , and then green resistance at 0.90. As long as we stay above gray 0.74 support, I'm bullish.
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