P_S_trade

TrueFi TRU long medium-term trade #20

Long
P_S_trade Updated   
BINANCE:TRUUSDT   TrueFi / TetherUS
Today our attention was drawn to TrueFi TRU. We think we understand the logic of the behavior of buyers and sellers in this asset.

So, let's try to take a position for a medium-term trade on the following conditions:
  • Entry: in the range of $0.034-0.0358 (the desired average price is $0.0349)
  • Stop: $0.0318 (-8.88%)
  • Take profit: $0.0628 (+80%)
  • P/L ratio - 9/1

We allocate $5,000 for TRUUSDT trade, because the coin is highly volatile
In the event of a mistake, we will lose $450
If the trade will be a success, we will receive a profit of $4000
Trade active:
Our expectations at the 4hr time frame
Trade active:
Price TRUUSDT at potential buy zone
Trade closed: target reached

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