Gk_Aronno
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TRUMP - Post Inauguration Chart🤔🙄🧐
$TRUMP
Please not this is an extremely volatile token and everything mentioned in this post is highly speculative
There is a lot of hype currently around Trump coin. We only have a few days of charting data so no telling how accurate the TA may be, but wanted to at least lay out what I currently see in the charts.
The first thing to note is the key $30 level. This was a level of old resistance that so far has been acting as a level of new support.
The second thing to note is our black trendline. This was a level of old resistance that held price down all the way from $70 to $30. Recently we just had a breakout of this trendline and could see continuation the the upside.
I have listed all potential fib targets to the upside if we do see price appreciation from these levels. The first technical target is $54 followed by our $58 0.618. The main target would be the 1.618 around $106, so a brief break above $100 is most likely as high as it goes in my opinion.
Again this coin could go to $0 any minute, but the speculation that could go along with my analysis is that Trump could start signing EO related to crypto. If that happens most likely the entire crypto market starts pumping and with that we should theoretically see Trump coin start appreciating at a rapid pace.
Stay safe out there, but hopefully this chart can provide some clarity.
Please not this is an extremely volatile token and everything mentioned in this post is highly speculative
There is a lot of hype currently around Trump coin. We only have a few days of charting data so no telling how accurate the TA may be, but wanted to at least lay out what I currently see in the charts.
The first thing to note is the key $30 level. This was a level of old resistance that so far has been acting as a level of new support.
The second thing to note is our black trendline. This was a level of old resistance that held price down all the way from $70 to $30. Recently we just had a breakout of this trendline and could see continuation the the upside.
I have listed all potential fib targets to the upside if we do see price appreciation from these levels. The first technical target is $54 followed by our $58 0.618. The main target would be the 1.618 around $106, so a brief break above $100 is most likely as high as it goes in my opinion.
Again this coin could go to $0 any minute, but the speculation that could go along with my analysis is that Trump could start signing EO related to crypto. If that happens most likely the entire crypto market starts pumping and with that we should theoretically see Trump coin start appreciating at a rapid pace.
Stay safe out there, but hopefully this chart can provide some clarity.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.