Good evening my friends, I have a much needed update for you for the TRUMPUSDT pair and chart.
First, you can buy and continue buying and buy more, because, regardless of the short-term action what follows this situation we are witnessing now is growth. You can be certain about it.
The previous chart setup we looked at had a complete breakdown. This breakdown is a "weak" lower low. This is weak because the previous low happened at $14 and the current one at $12. Which means that this is a market induced shakeout.
Now that support has been broken and TRUMPUSDT is trading lower we need to consider a new entry.
The spot trading strategy is to buy each time prices drop. Each time TRUMPUSDT moves lower we buy and reload. If we are left without ammunition (capital), we simply wait/hold. Nothing changes for waiting a few days.
If you trade with leverage then you need a new entry as the previous position more likely than not has been liquidated, depending on the amount of leverage you use.
The next strong support is $11.83 based on Fib. retracement. This level hasn't been hit. Any trading above this level can be considered a good entry (above support).
Volume is low on the drop. We have a lower low but volume is lower. This means that the bearish move is losing force. Soon, we are going up.
The market gives. The market takes.
Patience is key.
We will soon enter a marketwide bullish phase. (March 2025)
Thank you for reading.
Feel free to message if you have any questions.
Namaste.
First, you can buy and continue buying and buy more, because, regardless of the short-term action what follows this situation we are witnessing now is growth. You can be certain about it.
The previous chart setup we looked at had a complete breakdown. This breakdown is a "weak" lower low. This is weak because the previous low happened at $14 and the current one at $12. Which means that this is a market induced shakeout.
Now that support has been broken and TRUMPUSDT is trading lower we need to consider a new entry.
The spot trading strategy is to buy each time prices drop. Each time TRUMPUSDT moves lower we buy and reload. If we are left without ammunition (capital), we simply wait/hold. Nothing changes for waiting a few days.
If you trade with leverage then you need a new entry as the previous position more likely than not has been liquidated, depending on the amount of leverage you use.
The next strong support is $11.83 based on Fib. retracement. This level hasn't been hit. Any trading above this level can be considered a good entry (above support).
Volume is low on the drop. We have a lower low but volume is lower. This means that the bearish move is losing force. Soon, we are going up.
The market gives. The market takes.
Patience is key.
We will soon enter a marketwide bullish phase. (March 2025)
Thank you for reading.
Feel free to message if you have any questions.
Namaste.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.