$TRUMP Today is Wednesday, and if we complete this order well this week, we're good.
Some comments say that I usually only cut losses at night; indeed, night is a critical point, as the Israel-Palestine conflict could be decisive tonight. However, from my perspective, it is likely to be a night when the bulls start (this conclusion is based on personal understanding and is for reference only).
I also saw someone say they went all in; I can only say that the stop loss is at 9.0, so it's up to you to manage.
Let me explain how to open a position specifically. It’s not as simple as just opening and closing a position for a few days; it requires a lot of thought in between.
Here’s the general idea: if we stabilize above 10 in the next couple of days, we will set the stop loss at the cost price. Regardless of whether we reach 17 by Sunday, if there is no stop loss, we will manually take profits on Sunday night.
Some people think the presidential coin is a worthless coin, but that’s not true. Trump is currently crucial to the global situation; as long as he remains in the public eye, this coin has speculative value.
Next, let's look at the trading strategy for this coin. From the weekly chart, it has already shown five consecutive slow declines, which has led to a negative market sentiment towards this coin. There is a probability this week that it will make a surprising comeback. Therefore, I choose to take the risk.
Why is the take profit set so high? Because based on historical bullish trends, as long as this coin is ready to rise, it will definitely clear out the bears. Thus, I conservatively set it temporarily at 17.
This post contains some subjective opinions; I welcome guidance from experts, and it is for reference only.
