Tarajulstrange
Open Trade
Frequent Trader
1.2 Years
This is "Tarajul Islam - Navigating the Future of Crypto 🚀.As a passionate crypto enthusiast, I’m here to share insights, strategies, and the latest trend.
21 Following
204 Followers
210 Liked
18 Shared
Posts
Quotes
$TRUMP
DYOR
### **Key Observations**
1. **Price Action**:
- Current price: **$8.17** (-5.33% today).
- 24h range: **$8.16 (low)** to **$8.68 (high)**. The price is near the 24h low, suggesting potential support.
2. **Moving Averages (MA)**:
- **MA(5)**: 8.27 | **MA(10)**: 8.35.
- Price is below both short-term MAs, indicating **bearish momentum**.
3. **RSI(6)**: **22.84** (oversold territory). This hints at a possible short-term bounce, but downtrends can sustain oversold conditions.
4. **Volume**:
- Current volume (182k TRUMP) is below MA(5) (330k) and MA(10) (343k), signaling weaker selling pressure.
5. **Order Book**:
- Strong bid support at lower prices (e.g., 6,646 TRUMP at 8.16).
- Immediate resistance at 8.17 (current price level).
6. **Trend**:
- Significant declines over all timeframes (e.g., -26.66% over 30 days).
---
### **Recommendation**
**Short-Term Trade**:
- **Cautious Long** with tight risk management:
- **Entry**: Near $8.16 (24h low) if price holds and RSI rises.
- **Target**: MA(5) at $8.27 (1.2% upside).
- **Stop Loss**: Below $8.15 (break of support).
**Rationale**:
- Oversold RSI and proximity to 24h low suggest a potential bounce.
- Low volume indicates weak selling momentum, but the broader downtrend limits upside.
**Alternative Scenario**:
- **Short** if price breaks below $8.16 with increasing volume. Target $7.90–$8.00.
---
### **Risk Notes**
- The asset is a **meme coin**, prone to volatility.
- Use tight stops and monitor volume/RSI for confirmation.
- Avoid overleveraging due to high-risk nature.
**Final Decision**:
**Short-term long with strict stop-loss** (preferred due to oversold RSI), but prepare to reverse if support breaks.
DYOR
### **Key Observations**
1. **Price Action**:
- Current price: **$8.17** (-5.33% today).
- 24h range: **$8.16 (low)** to **$8.68 (high)**. The price is near the 24h low, suggesting potential support.
2. **Moving Averages (MA)**:
- **MA(5)**: 8.27 | **MA(10)**: 8.35.
- Price is below both short-term MAs, indicating **bearish momentum**.
3. **RSI(6)**: **22.84** (oversold territory). This hints at a possible short-term bounce, but downtrends can sustain oversold conditions.
4. **Volume**:
- Current volume (182k TRUMP) is below MA(5) (330k) and MA(10) (343k), signaling weaker selling pressure.
5. **Order Book**:
- Strong bid support at lower prices (e.g., 6,646 TRUMP at 8.16).
- Immediate resistance at 8.17 (current price level).
6. **Trend**:
- Significant declines over all timeframes (e.g., -26.66% over 30 days).
---
### **Recommendation**
**Short-Term Trade**:
- **Cautious Long** with tight risk management:
- **Entry**: Near $8.16 (24h low) if price holds and RSI rises.
- **Target**: MA(5) at $8.27 (1.2% upside).
- **Stop Loss**: Below $8.15 (break of support).
**Rationale**:
- Oversold RSI and proximity to 24h low suggest a potential bounce.
- Low volume indicates weak selling momentum, but the broader downtrend limits upside.
**Alternative Scenario**:
- **Short** if price breaks below $8.16 with increasing volume. Target $7.90–$8.00.
---
### **Risk Notes**
- The asset is a **meme coin**, prone to volatility.
- Use tight stops and monitor volume/RSI for confirmation.
- Avoid overleveraging due to high-risk nature.
**Final Decision**:
**Short-term long with strict stop-loss** (preferred due to oversold RSI), but prepare to reverse if support breaks.
Chart Type: BTC/USDT (15 min)
Current Price: $85,101
24h High: $85,600
24h Low: $84,291
Last Big Wick Down: $84,613
MA(5) < MA(10) — indicating short-term weakness returning
RSI (6): 46.4 — neutral zone, no extreme conditions
MACD: Recently crossed upward but is flattening
---
Price Action Summary:
You had a strong bounce from $84,613, followed by a run up to $85,600
Price faced rejection at $85,600, creating a lower high
Now it’s pulling back again with moderate volume
MACD histogram is weakening after a bullish push
RSI is cooling, confirming momentum slowdown
---
Trade Decision:
1. SHORT IDEA (More Convincing)
Why?
Lower high + rejection from $85.6k
Bearish MACD slowdown
MA(5) curving down again
Entry Zone: $85,150–85,250
SL: Above $85,650 (recent high + buffer)
TP1: $84,780
TP2: $84,400
TP3 (wick test): $84,200
Invalidation: If candle closes above $85,650 with volume
---
2. LONG IDEA (Wait for Reconfirmation)
Only if:
BTC reclaims $85,600 level with strong volume
MACD re-expands positively
RSI breaks above 60 with bullish follow-up
Entry: $85,650+
TP1: $85,950
TP2: $86,200
SL: $85,300
Invalidation: Failure to hold above breakout point (fakeout)
---
Escape Plan / Trading Summary:
Now is not ideal for a long — wait for confirmation above $85.6k
Short is safer right now, aiming for a pullback to recent support zones
Watch RSI — if it drops below 40, expect momentum to shift bearish harder
Volume is key — if red candles get higher volume than green, downside likely
$BTC
Current Price: $85,101
24h High: $85,600
24h Low: $84,291
Last Big Wick Down: $84,613
MA(5) < MA(10) — indicating short-term weakness returning
RSI (6): 46.4 — neutral zone, no extreme conditions
MACD: Recently crossed upward but is flattening
---
Price Action Summary:
You had a strong bounce from $84,613, followed by a run up to $85,600
Price faced rejection at $85,600, creating a lower high
Now it’s pulling back again with moderate volume
MACD histogram is weakening after a bullish push
RSI is cooling, confirming momentum slowdown
---
Trade Decision:
1. SHORT IDEA (More Convincing)
Why?
Lower high + rejection from $85.6k
Bearish MACD slowdown
MA(5) curving down again
Entry Zone: $85,150–85,250
SL: Above $85,650 (recent high + buffer)
TP1: $84,780
TP2: $84,400
TP3 (wick test): $84,200
Invalidation: If candle closes above $85,650 with volume
---
2. LONG IDEA (Wait for Reconfirmation)
Only if:
BTC reclaims $85,600 level with strong volume
MACD re-expands positively
RSI breaks above 60 with bullish follow-up
Entry: $85,650+
TP1: $85,950
TP2: $86,200
SL: $85,300
Invalidation: Failure to hold above breakout point (fakeout)
---
Escape Plan / Trading Summary:
Now is not ideal for a long — wait for confirmation above $85.6k
Short is safer right now, aiming for a pullback to recent support zones
Watch RSI — if it drops below 40, expect momentum to shift bearish harder
Volume is key — if red candles get higher volume than green, downside likely
$BTC
How many final px have you got?
I think it will gimme big profit 🤩what do you think about?
#notpixelairdrop #Write2Earn
I think it will gimme big profit 🤩what do you think about?
#notpixelairdrop #Write2Earn
Login to explore more contents