Trump Coin creating bullish structure - likely strong move soon
We have seen a strong correction in Trump Coin for a while in the overall larger bullish structure.
In this correction. liquidity was created on the right hand side of the larger bullish structure, with manipulation breaking below the liquidity area, allowing larger players to buy into the selling, which created a bullish CHOCH and overall bullish structures. We are now looking at getting into the action until the premium/discount zone of around $46 where most take profit can be had.
Watch out for one most possible "fake" bullish leg to end the existing bullish structure correction.
Anything under $17.80 is a buy. I will be waiting for $17.25.
Stop loss is right under $15.40
This is a 1:15 ratio trade
In this correction. liquidity was created on the right hand side of the larger bullish structure, with manipulation breaking below the liquidity area, allowing larger players to buy into the selling, which created a bullish CHOCH and overall bullish structures. We are now looking at getting into the action until the premium/discount zone of around $46 where most take profit can be had.
Watch out for one most possible "fake" bullish leg to end the existing bullish structure correction.
Anything under $17.80 is a buy. I will be waiting for $17.25.
Stop loss is right under $15.40
This is a 1:15 ratio trade
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.