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

액티브 트레이드:

Warming up...

액티브 트레이드:

Resistance broken.. bears in trouble now.

코멘트:

12hr chart currently

액티브 트레이드:

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.

코멘트:

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?!

코멘트:

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

액티브 트레이드

코멘트:

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.

액티브 트레이드:

There she goes...

액티브 트레이드:

There she goes again...

코멘트:

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

2-day chart

코멘트:

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

코멘트:

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

Daily BTC pair.

액티브 트레이드:

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

코멘트:

Support on past resistance confirmed

코멘트:

Something nice... will say elsewhere.

코멘트:

An excellent moment.

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

2-day

코멘트:

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.

액티브 트레이드:

Nice..