"Patience is key" has been a valuable and valid tool in the past few weeks. TRUMPUSDT has been consolidating above support and nothing more is needed other than patience to win.
Today we are going to be looking at multiple targets, long-term and short-term. All the targets that are likely to hit in this upcoming bullish cycle.
$TRUMP is growing and will continue to grow. It is normal to see some consolidation before a major move. In fact, the consolidation phase (sideways) is what makes a strong bullish impulse possible. The first wave is in.
A bullish impulse consist of 5 waves. Three waves forward, advances, and two waves backward, corrections. The third wave tends to be the biggest wave based on size and volume but it can happen that the fifth wave ends up being the biggest one.
TRUMPUSDT is about to enter its third wave based on Elliott Wave Theory. The third wave would easily cut through $34 as a resistance level and continue higher to reach $51. This $51 target gives a nice 264% but this is easy. Additional growth can happen within months and TRUMPUSDT can hit $121 for a total of 764%.
The fourth wave is a correction. Seeing that the second wave was very small and short, the fourth wave can be long in size and duration. After this wave comes the final wave which is the speculative wave. In this wave, Wave 5, anything goes.
TRUMPUSDT can continue growing through late 2025 and reach major new All-Time Highs. A $148 target can be easy if $121 is reached within the third wave. A strong peak price for the fifth wave would be $192 for a huge 1,271%. With a strong blow-off top, a $263 target can close the cycle with an astonishing 1,778%. Of course, it can go higher on a wick based on the weekly or monthly timeframes. Surely, this is a new trading pair with no historical data, growth can definitely go beyond the chart.
These targets are based on Elliott Wave Theory and Fibonacci proportions, they can work as a map to help us navigate future price action as the bull market develops.
Thanks a lot for your continued support.
Namaste.
