TRUEFI - TRU/USD

- USD (-)

- Real time data - CoinMarketCap

Open:	-
Change:	-
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Low:	-
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High / Low range:	-

Type:	Cryptocurrencies
Ticker:	TRUUSD
ISIN:

TRUEFI - TRU/USD - Daily - Technical analysis published on 12/05/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 0.126300 USD

My targets

0.143167 USD (+4.21%)

0.174996 USD (+27.38%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TRUEFI - TRU/USD as long as the price remains well above 0.126300 USD. The buyers' bullish objective is set at 0.143167 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.174996 USD. If there is any crossing, the next objective would be the resistance located at 0.188408 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.6

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Mask1290. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The TRUEFI - TRU/USD price is 0.137386 USD. The price registered a decrease of -3.53% on the session and was between 0.134808 USD and 0.144385 USD. This implies that the price is at +1.91% from its lowest and at -4.85% from its highest.

0.134808

0.144385

0.137386

Here is a more detailed summary of the historical variations registered by TRUEFI - TRU/USD:

The Central Records scanner for higher/lower results shows an item:

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Abnormal volumes on TRUEFI - TRU/USD were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of TRUEFI - TRU/USD in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : Daily

In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.078504	0.096558	0.126300	0.137386	0.143167	0.174996	0.188408
Change (%)	-42.86%	-29.72%	-8.07%	-	+4.21%	+27.38%	+37.14%
Change	-0.058882	-0.040828	-0.011086	-	+0.005781	+0.037610	+0.051022
Level	Intermediate	Major	Major	-	Major	Intermediate	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.119041	0.129349	0.135880	0.146188	0.152719	0.163027	0.169558
Camarilla	0.137781	0.139325	0.140868	0.142412	0.143956	0.145499	0.147043
Woodie	0.117154	0.128405	0.133993	0.145244	0.150832	0.162083	0.167671
Fibonacci	0.129349	0.135781	0.139755	0.146188	0.152620	0.156594	0.163027

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.053054	0.069139	0.098721	0.114806	0.144388	0.160473	0.190055
Camarilla	0.115744	0.119930	0.124116	0.128302	0.132488	0.136674	0.140860
Woodie	0.059802	0.072513	0.105469	0.118180	0.151136	0.163847	0.196803
Fibonacci	0.069139	0.086584	0.097362	0.114806	0.132251	0.143029	0.160473

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.012210	0.036465	0.082383	0.106638	0.152556	0.176811	0.222729
Camarilla	0.109004	0.115437	0.121870	0.128302	0.134735	0.141167	0.147600
Woodie	0.023043	0.041881	0.093216	0.112054	0.163389	0.182227	0.233562
Fibonacci	0.036465	0.063271	0.079832	0.106638	0.133444	0.150005	0.176811

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	66.17
MACD (12,26,9):	0.0145
Directional Movement:	23.364929
AROON (14):	85.714286
DEMA (21):	0.131698
Parabolic SAR (0,02-0,02-0,2):	0.112057
Elder Ray (13):	0.016943
Super Trend (3,10):	0.102770
Zig ZAG (10):	0.138385
VORTEX (21):	1.1899
Stochastique (14,3,5):	82.48
TEMA (21):	0.141436
Williams %R (14):	-25.26
Chande Momentum Oscillator (20):	0.046487
Repulse (5,40,3):	4.4281
ROCnROLL:	1
TRIX (15,9):	1.6921
Courbe Coppock:	104.30

MA7:	0.132551
MA20:	0.108281
MA50:	0.091170
MA100:	0.090731
MAexp7:	0.132462
MAexp20:	0.114520
MAexp50:	0.099846
MAexp100:	0.097396
Price / MA7:	+3.65%
Price / MA20:	+26.88%
Price / MA50:	+50.69%
Price / MA100:	+51.42%
Price / MAexp7:	+3.72%
Price / MAexp20:	+19.97%
Price / MAexp50:	+37.60%
Price / MAexp100:	+41.06%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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