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Cup and handle forming
TrueFi / TetherUS
Cup and handle forming
By wvb1
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Updated
Aug 13, 2021
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Aug 11, 2021
Tru fits all of my criteria.
1. Low market cap (lots of room for growth)
2. Good project (team, investor backing, scope, goal).
3. Getting listed on Coinbase today.
We see a cup and handle forming. As long as BTC does not die in the middle, we can expect upside as it breaks into the top 100-200 market cap range.
Aug 13, 2021
Trade closed manually
Bitcoin was going down while this was going up. Failed to break $1 handle significantly. Closed at mid 0.8 range for modest profits.
Looks like head and shoulders forming now, but a lot depends on BTC over the weekend.
Chart Patterns
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