🚀 $TRUMP : setup to break the downtrend
📊 The coin has broken through the line of a prolonged descending wedge and has settled above the EMA on the 4H timeframe — the first technical signal of a structure change after weeks of correction.
💥 The level of $2.00 has been broken and confirmed by a retest: the asset exited the sideways range it had been in for the last weeks. The combination of these factors creates upside potential for the asset of ~ +30%.
🌍 Against the broader backdrop of expectations and inflows into crypto ETFs, altcoins like TRUMP are catching up to the risk-on sentiment more sharply than the rest — so the move could be fast.
📈 Targets (take-profits):
🤩 TP1 — 2.454
🤩 TP2 — 2.657
🤩 TP3 — 3.067
❌ Stop: 2.078 (1 to 7.7)
❌ Stop: 1.928 (1 to 3.2)
😏 What do you think — shall we take profit or get stopped out?
❗️Be careful and stay safe. Always follow risk management.
$TRUMP
📊 The coin has broken through the line of a prolonged descending wedge and has settled above the EMA on the 4H timeframe — the first technical signal of a structure change after weeks of correction.
💥 The level of $2.00 has been broken and confirmed by a retest: the asset exited the sideways range it had been in for the last weeks. The combination of these factors creates upside potential for the asset of ~ +30%.
🌍 Against the broader backdrop of expectations and inflows into crypto ETFs, altcoins like TRUMP are catching up to the risk-on sentiment more sharply than the rest — so the move could be fast.
📈 Targets (take-profits):
🤩 TP1 — 2.454
🤩 TP2 — 2.657
🤩 TP3 — 3.067
❌ Stop: 2.078 (1 to 7.7)
❌ Stop: 1.928 (1 to 3.2)
😏 What do you think — shall we take profit or get stopped out?
❗️Be careful and stay safe. Always follow risk management.
$TRUMP