Signal Type : Long
Coin Name : $TRUMP
This graph shows a bullish divergence scenario for TRUMP/USDT on Binance, suggesting reversal from bearish trend. Price is creating downtrend pattern in the shape of a Falling Wadge Pattern, and bullish divergence is confirmed by indicators like RSI and MACD. The suggested entry point is at $10.27 with stop loss (SL) of $9.88 so as to risk minimum. Take profit (TP) value at $12.19 is placed at support-turned-resistance levels. If the breakout occurs, a violent upside movement can be expected.
This chart shows the total crypto market cap excluding the top 10 assets, with a downtrend and bullish divergence in the RSI. The price has formed a descending support line and is attempting to form a potential reversal, which is underpinned by gauges such as stochastic RSI and MACD showing positive momentum. This suggests that market recovery might be around the corner, supporting a bullish case for TRUMP/USDT if general market sentiment is positive.
Entry: 9.75
1st TP: 10.50
2nd TP: 11.65
3rd TP: 12.00
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#swapcryptoz #TRUMP