TrueFi: Mapping A 200-300% Bullish Wave

7 Nov

This is a pair that we continue to revisit because the market is always fluctuating between bearish and bullish. Each time there is a bullish wave, we invariably see a correction afterward. After every correction we see a new bullish wave.

👉 TrueFi (TRUBTC) is now preparing for a new bullish jump.

We can see a lower low recently, just to break a very strong long-term support and the action moving back above this support level immediately, so a stop-loss hunt event.

It is also easy to see the strong correction between mid-June and November 3rd. TRUBTC is now turning bullish.

👉 The last jump produced ~260% growth. For this one, we have a range between 200% to 300% easy, can be more.

Additional details on the chart.

Namaste.