TrueFi (TRU) - Bullish divergence

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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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Warming up...
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Resistance broken.. bears in trouble now.
Ghi chú
12hr chart currently

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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.
Ghi chú
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?!

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

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

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

Daily BTC pair.
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Corrective wave 2 finished. Enjoy wave 3. Will begin sooner than you think.
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Support on past resistance confirmed
Ghi chú
Something nice... will say elsewhere.
Ghi chú
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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Ghi chú
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.
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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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