🔔 TRU/USDT SIGNAL 🎯
Based on the data shown in this images, here’s a summarized analysis of the cryptocurrency, its expected direction, and a strategy with entry and exit points and stop-losses.
◻️ General Analysis:
1. First Chart:
• Price Indicator: Significant rise followed by notable correction.
• Volume: Stable with peaks and troughs, indicating varying investor interest.
• Cumulative Volume Delta (CVD): Negative trend, indicating ongoing selling pressure.
• Funding Rates: Slightly positive, mild preference for long positions.
• Open Interest: Stable, indicating a balance between buyers and sellers.
• Aggregated Futures Orderbook Liquidity Delta: Strong support levels at certain price points.
2. Second Chart:
• Liquidation Heatmap: Strong support around 0.12-0.13; significant resistance above 0.16.
3. Third Chart:
• Technical Analysis: Elliott Wave suggests nearing end of wave 4 (correction), preparing for wave 5 upwards.
• Stochastic RSI: In “oversold” zone, indicating potential upward rebound.
• Fibonacci Levels: Key resistance and support levels identified.
◻️ Expectations and Strategy:
1. Expected Direction: Potential for upward rebound from current levels (0.12-0.13) towards resistance levels (0.17 and 0.196).
2. Entry and Exit Strategy:
• Entry Points: Enter at current support levels (0.12-0.13) and reinforce on dips within this range.
• Exit Points:
• TP1 (First Take Profit): 0.15142
• TP2 (Second Take Profit): 0.16666
• TP3 (Third Take Profit): 0.19639
• Stop Loss: Below 0.11 to avoid unexpected liquidation.
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Coin selected by @Nam Don
