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

Handel aktiv:

Warming up...

Handel aktiv:

Resistance broken.. bears in trouble now.

Kommentera:

12hr chart currently

Handel aktiv:

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.

Kommentera:

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?!

Kommentera:

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

Handel aktiv

Kommentera:

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.

Handel aktiv:

There she goes...

Handel aktiv:

There she goes again...

Kommentera:

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

2-day chart

Kommentera:

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

Kommentera:

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

Daily BTC pair.

Handel aktiv:

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

Kommentera:

Support on past resistance confirmed

Kommentera:

Something nice... will say elsewhere.

Kommentera:

An excellent moment.

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

2-day

Kommentera:

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.

Handel aktiv:

Nice..