Trump Scalping + Forecast (2-19)
🔥 Market Overview:
Trend: Bearish with short-term recovery attempts.
Key Levels:
Resistance: $17.43, $19.34 (EMA 200)
Support: $16.86, $15.00
Indicators:
EMA 9 ($16.86) – Price hovering around short-term EMA.
EMA 200 ($19.34) – Strong bearish pressure below long-term EMA.
Supertrend: Bearish bias.
MACD: Weak recovery, still in bearish territory.
RSI: 51.35 (Neutral), showing no clear momentum shift.
🔥 Scalping Strategy:
🩸 1. Range Scalping
Buy near $16.90-$17.00, targeting $17.40-$17.50
Sell near $17.40-$17.50, targeting $16.90
Stop-loss below $16.75
🩸 2. Momentum Scalping (Breakout Attempt)
If price breaks $17.50 with volume, buy targeting $18.00-$18.50
Stop-loss below $17.30
🩸 3. Breakout Scalping (EMA 200 Rejection)
If price tests $19.34 (EMA 200) and rejects, short targeting $17.50
Stop-loss above $19.50
🔥 Mid-Term Trend Forecast (1-3 Weeks):
Price is still under EMA 200, indicating overall weakness.
If bulls push above $19.50, we could see a shift to $21-$23.
Failing to break $19.50 will likely lead to retests of $16 and lower.
🔥 News & Market Context:
No major fundamental catalysts observed.
Sentiment remains cautious; previous pump saw a sharp reversal.
Market may be in a distribution phase—smart money offloading at resistance.
🔥 Decision:
🩸 Short-term: Range scalp between $16.90-$17.50
🩸 Mid-term: Cautious, waiting for breakout confirmation
🩸 Ideal Play: Short if price gets rejected at EMA 200 ($19.34)
👑 Final Verdict:
Scalping opportunities exist, but the larger trend remains weak. Watch for volume spikes and EMA 200 rejection.
🔥 FinCaesar’s Statement:
"The battlefield does not reward hesitation. Strike with precision or be consumed by the tides of indecision." 👑
Trend: Bearish with short-term recovery attempts.
Key Levels:
Resistance: $17.43, $19.34 (EMA 200)
Support: $16.86, $15.00
Indicators:
EMA 9 ($16.86) – Price hovering around short-term EMA.
EMA 200 ($19.34) – Strong bearish pressure below long-term EMA.
Supertrend: Bearish bias.
MACD: Weak recovery, still in bearish territory.
RSI: 51.35 (Neutral), showing no clear momentum shift.
🔥 Scalping Strategy:
🩸 1. Range Scalping
Buy near $16.90-$17.00, targeting $17.40-$17.50
Sell near $17.40-$17.50, targeting $16.90
Stop-loss below $16.75
🩸 2. Momentum Scalping (Breakout Attempt)
If price breaks $17.50 with volume, buy targeting $18.00-$18.50
Stop-loss below $17.30
🩸 3. Breakout Scalping (EMA 200 Rejection)
If price tests $19.34 (EMA 200) and rejects, short targeting $17.50
Stop-loss above $19.50
🔥 Mid-Term Trend Forecast (1-3 Weeks):
Price is still under EMA 200, indicating overall weakness.
If bulls push above $19.50, we could see a shift to $21-$23.
Failing to break $19.50 will likely lead to retests of $16 and lower.
🔥 News & Market Context:
No major fundamental catalysts observed.
Sentiment remains cautious; previous pump saw a sharp reversal.
Market may be in a distribution phase—smart money offloading at resistance.
🔥 Decision:
🩸 Short-term: Range scalp between $16.90-$17.50
🩸 Mid-term: Cautious, waiting for breakout confirmation
🩸 Ideal Play: Short if price gets rejected at EMA 200 ($19.34)
👑 Final Verdict:
Scalping opportunities exist, but the larger trend remains weak. Watch for volume spikes and EMA 200 rejection.
🔥 FinCaesar’s Statement:
"The battlefield does not reward hesitation. Strike with precision or be consumed by the tides of indecision." 👑
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.
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.