✴️ TrueFi Rising Channel & Easy/Fast 100% Target

Dec 24, 2023

Here is a short-term trade setup with a nice 100% profits potential.

➖ We can see TRUUSDT moving within an ascending channel safely above MA200, with a strong RSI.

➖ Notice how the bullish bias is really strong yet there is no rise in trading volume, this is a consolidation signal.

➖ Volume will produce a strong jump as soon as the initial move starts to develop. This also indicates that the first move can be really strong as there is no overhead resistance.

Remember to prepare for all scenarios... What to do if there is a breakdown of this chart?
Stop-loss or exit criteria should be considered before entering.

👉 The target on the chart can hit within days.

Namaste.

Apr 7

Note

It went beyond target with more than 200% profits.
I will update for a final update as there is room for additional growth.