📌 Wave and time analysis with Fibonacci levels for TRUMP/USDT
📊 1. Fibonacci Level Analysis: Potential Support and Resistance
Fibonacci retracement levels have been drawn based on the 14.27 USDT bottom and 77.24 USDT high to identify support and resistance areas during the current correction.
📈 Key Fibonacci Levels
🔹 23.6% - 62.38 USDT: Resistance level if the price starts to rise.
🔹 38.2% - 53.19 USDT: Strong resistance area if the bullish momentum continues.
🔹 50.0% - 45.75 USDT: An important psychological level, where the price may find stability.
🔹 61.8% - 38.32 USDT: If broken, it may indicate a deeper correction.
🔹 78.6% - 27.75 USDT: Key level before the return to the bottom.
🔹 100% - 14.27 USDT: Retest of previous bottom (sharp bearish scenario).
📉 2. Wave analysis using Elliott Wave Theory
✅ Upward impulse wave (1-5)
1️⃣ Wave 1: Strong rise from 14.27 USDT to 45.75 USDT.
2️⃣ Wave 2: Minor correction to 38.32 USDT (61.8% Fibonacci).
3️⃣ Wave 3: Sharp bullish wave towards 77.24 USDT.
4️⃣ Wave 4: Strong correction towards 27.75 USDT.
5️⃣ Wave 5: Slight rise before full correction.
📌 Corrective wave (ABC)
✅ Wave A: Down from 77.24 USDT to 14.27 USDT.
✅ Wave B: Rebound attempt, may test 38.32 - 45.75 USDT.
✅ Wave C: If wave B fails to break the resistance, wave C may drop to 14.27 - 10 USDT.
✔ If the price breaks 18-20 USDT, this could be the beginning of a new bullish wave towards 27-38 USDT.
✔ If the price fails to surpass 18 USDT, it may continue to fall towards 14.27 USDT or lower.
⏳ 3. Time Analysis: When might the next strong move occur?
🔹 Time cycles and possible oscillations
1️⃣ The downward movement lasted 20 days, which means the price may need an additional 7-10 days to confirm a new trend.
2️⃣ If the price continues to consolidate above 16 USDT until the end of the week, we may see a bounce towards 18-20 USDT soon.
3️⃣ If the price fails to consolidate above 16 USDT in the next 48 hours, it may retest 14.27 USDT again.
🔹 Upcoming critical time periods:
1. First critical point (within 24-48 hours):
• If the price continues to rise, we may see a test of the 18-20 USDT level.
• If the price fails to stay above 16 USDT, it may retest 14.27 USDT.
2. Second time point (after 5-7 days):
• If the rise continues above 20 USDT, the price may enter an upward cycle towards 27-38 USDT.
• If it does not break 20 USDT during this period, it may continue to decline towards 12-14 USDT.
🎯 4. Forecasts and trading strategies based on technical, wave and time analysis
✅ Bullish scenario (if price breaks 18-20 USDT in the next 48 hours)
🔹 Conditions:
• The price remains above 16 USDT.
• Continuation of upward momentum after 24 hours.
🔹 Objectives:
1. 18-20 USDT within 24-48 hours.
2. 27-38 USDT within the next 5-7 days.
🔹 Stop loss:
• Below 14.27 USDT to avoid risks if the upside fails.
❌ Bearish scenario (if price fails to surpass 18-20 USDT in the next 48 hours)
🔹 Conditions:
• The price failed to break 18-20 USDT.
• The price broke the 16 USDT level again.
🔹 Objectives:
1. 14.27 USDT in the next 24-48 hours.
2. 12-10 USDT if the decline continues later.
🔹 Stop loss:
• Above 20 USDT if you are in a sell position.
📌 Final Conclusion: When will the next strong move be?
✔ The next strong movement will start within the next 24-48 hours.
✔ If the price breaks 18-20 USDT, there is a chance of continuing the rise towards 27-38 USDT.
✔ If the price fails to surpass 18-20 USDT, it is likely to retest 14.27 USDT, and may continue to decline towards 12-10 USDT later.
📌 🚀 Final decision:
• If the price continues above 16 USDT and breaks 18-20 USDT, buying will be a good decision.
• If it doesn't break 18-20 USDT and remains weak, selling after breaking 16 USDT might be the best decision.