💟 Market Health (October-27) The market just had a crash and this is an opportunity for us to continue accumulating Altcoins. Money has been withdrawn from Topcoins and will likely be pushed into mid-cap and low-cap Altcoins. However, it is highly likely that buying will come back strongly and close today's 1Day candle in the green color and the market will be very bullish. But be aware that the market during this period will have strong ups and downs so limit the use of leverage as much as possible because your position will be easily liquidated. ETH also filled the gap at 4000$
💟 Market Health (October-27) Money is being withdrawn from coins that have pumped strongly in the past days and is being redirected to the next coins with lower capitalization, so in the next few days there will be many quick pumps with high profit rates. so please check the market regularly to be able to sell at high price areas. This phase will need about 1-2 weeks before the money flows back to the top coins
💟 Market Health (October-26) The market is recovering very strongly with a lot of coins rising above the ATH (All time high) price zone. Currently, BTC still holds the $60000 zone and that is what has helped the market to confidently grow. Let's continue to accumulate and wait for the pump's turn
💟 Market Health (October-25) BTC is still holding the $60000 zone and this is a good sign for Altcoins. However, because the number of Altcoins is too much, the cash flow will be circulated between them, so actively accumulate Altcoins and wait for their turn to pump. At this time, we must always prepare a reserve in case something bad happens and will buy at a lower price if possible.
💟 Market Health (October-24) The market is still doing quite well and the positive signals are present on most of the Altcoins. We can continue to accumulate during this period as we are at the bottom of a new bull run. Don't miss the chance!
TRU is approaching the $0.14 support zone and if it doesn't lose it it will rally to $0.18 and $0.24 in August. However if it loses the $0.14 area it will fall back to $0.12 or even 0.09$
📈RED PLAN 🔴Buy : 0.137-0.143$. SL if B
📉BLUE PLAN 🔴Sell : 0.176-0.184$. SL if A
🔴Sell : 0.235-0.245$. SL if A
🟣PURPLE PLAN 🔵Sell : 0.137-0.143$ if B. SL if A
🔵Buy : 0.117-0.123$ 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.