- Trump falling inside the sideways price range
- Likely fall to support level 8.4380
Trump cryptocurrency continues to fall inside the sideways price range, which has contained price action from the start of June.
The earlier downward reversal from the upper boundary of this price range 11.00 formed the daily Japanese candlesticks reversal pattern Shooting Star, which started the active impulse wave 3.
Given the clear daily downtrend, Trump cryptocurrency can be expected to fall to the next round support level 8.4380 (lower border of the active price range).
- Likely fall to support level 8.4380
Trump cryptocurrency continues to fall inside the sideways price range, which has contained price action from the start of June.
The earlier downward reversal from the upper boundary of this price range 11.00 formed the daily Japanese candlesticks reversal pattern Shooting Star, which started the active impulse wave 3.
Given the clear daily downtrend, Trump cryptocurrency can be expected to fall to the next round support level 8.4380 (lower border of the active price range).
By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.