💟 Market Health (October-19) In this period, BTC is approaching the $64000 zone and it will take more time to conquer this zone. And in the past few days Altcoins are accumulating quite a lot but the price is still decreasing, so we can expect that in the next few days Altcoins will have rapid and strong price increases and it will be very difficult to buy these coins at good price range. Let's continue to accumulate according to our plan
💟 Market Health (October-18) Money flow is continuing to push into Bitcoin to help it rise back to the top of $65000 so the money push into Altcoins will be quite slow, but the buying power of Altcoins is still very interesting because it is still pushed in even when Altcoins are falling. This shows that the accumulation of Altcoins at the moment is taking place and Altcoins can completely increase in the near future.
💟 Market Health (October-17) The buying power has decreased because the cash flow at the end of the week is usually very weak, so we may have a slight correction, this does not affect the uptrend of Altcoins.
💟 Market Health (October-16) The buying force is continuously pouring into Altcoins these days and they are having a big chance to increase sharply in the near future so let's keep accumulating Altcoins.
TRU has just approached the $0.55 zone and buying power has appeared and if it doesn't lose this zone, in the next few days it will surge to the $0.7, $0.85 and $1.1 zone. But if it loses the $0.55 zone it will fall to the $0.4 zone or even deeper
📈RED PLAN 🔴Buy : 0.535-0.565$. SL if B
🔴Buy : 0.68-0.72$ if A. SL if B
📉BLUE PLAN 🔴Sell : 0.68-0.72$. SL if A
🔴Sell : 0.83-0.87$. SL if A
🔴Sell : 1.07-1.13$. SL if A
🟣PURPLE PLAN 🔵Sell : 0.535-0.565$ if B. SL if A
🔵Buy : 0.39-0.41$ if A. SL if B
❓Details 🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
TrueFi (TRU) is the ERC-20 native utility token of TrueFi, a Decentralized Finance (DeFi) protocol for uncollateralized lending.
TrueFi works in the following ways:
Add TrueUSD (TUSD) into a TrueFi pool to be used for lending, earning interest and farming TRU. Any unused capital is sent into the Curve protocol to maximize earnings.
Borrowers (e.g. OTC desks, exchanges, and other protocols):
Submit proposals to borrow capital from the pool. They submit the amount of capital they want, the % APY they are offering, the term, and the Ethereum address that will receive the loan capital if the proposal is approved.
Borrow funds from the TrueFi pool by submitting requests subject to approval by TRU stakers who vote on these proposals. Each vote exposes participating TRU holders to upside or downside based on if the loan ends up being successfully repaid. As such, TRU stakers are incentivized to vote carefully.
Borrowers must return the principal and interest on or before their respective loan terms expire. Delinquent borrowers will face legal action pursuant to the loan agreement signed.
In the future, TRU token holders will also be able to participate in protocol governance decisions to direct the future development direction of TrueFi.