Risky Analysis of $TRUMP : Bold Prediction Ahead! 🚨
As most traders shy away from conducting technical analysis on a newly launched coin, I’m taking a different approach to stand out. Today, I’m diving into the 30-minute chart of $TRUMP, as longer time frames aren’t suitable for a coin that has only been around for a few days.
Upon examining the chart, we notice a significant pattern forming: an inverted Elliott Wave structure, with the first three legs (1-2-3) already in place. Additionally, we’re seeing a Falling Wedge pattern, which suggests a strong trend reversal. Based on the Elliott Wave theory, the next phases should unfold as legs 4 and 5, followed by an A-B-C corrective wave. While a more cautious approach would see the C leg aligning with the 0.786 Fibonacci retracement level, I’m factoring in the influence of the Falling Wedge pattern, which could potentially extend the C wave all the way to the 1.618 Fibonacci level.
Given the current setup, I believe it’s entirely feasible for $TRUMP to hit the $55 mark by the end of the month. With the combination of these technical patterns, this prediction holds a great deal of promise.
Let’s keep an eye on how this unfolds in the coming weeks! ⏳📈
#Write2Earn .
As most traders shy away from conducting technical analysis on a newly launched coin, I’m taking a different approach to stand out. Today, I’m diving into the 30-minute chart of $TRUMP, as longer time frames aren’t suitable for a coin that has only been around for a few days.
Upon examining the chart, we notice a significant pattern forming: an inverted Elliott Wave structure, with the first three legs (1-2-3) already in place. Additionally, we’re seeing a Falling Wedge pattern, which suggests a strong trend reversal. Based on the Elliott Wave theory, the next phases should unfold as legs 4 and 5, followed by an A-B-C corrective wave. While a more cautious approach would see the C leg aligning with the 0.786 Fibonacci retracement level, I’m factoring in the influence of the Falling Wedge pattern, which could potentially extend the C wave all the way to the 1.618 Fibonacci level.
Given the current setup, I believe it’s entirely feasible for $TRUMP to hit the $55 mark by the end of the month. With the combination of these technical patterns, this prediction holds a great deal of promise.
Let’s keep an eye on how this unfolds in the coming weeks! ⏳📈
#Write2Earn .
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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