TRUMP coin analysishello guys.
are you interested in getting position in TRUMP coin?!
Supply Zone (S&D): Price has recently tested a prominent supply zone around the $5.50 level, which acted as a strong resistance and caused a bearish reversal.
Descending Channel: The price is moving within a descending channel, suggesting a continuation of the downtrend. The channel's resistance and support lines provide potential reversal points.
Support Zone: A significant support area is located around $2.20 - $2.25, which could act as a potential target if the price continues to drop.
MAGAUSDT
MAGA - The START of a Positive Outcome!This should be the low, forming a rounding bottom right at a significant macro support.
It needs to stay above the bullish zone to progress towards new highs. The chart is straightforward, with a clear invalidation zone.
It’s currently struggling to break above the weekly open, but once it does, it could soar to new heights.
AMEX:MAGA is pretty self-explanatory; you know why I’m betting on this one!
TRUMP Coins : HIGH RISK !MEXC:BABYTRUMPUSDT MEXC:STRUMPUSDT BITMEX:BTRUMPT BITMART:TRUMPUSDT
Trump coins recently surged as Kamala Harris said she would appoint SEC Chair Gary Gensler as Treasury Secretary if she wins. To be perfectly clear, this post is NOT aimed at showing preference to either party - but rather taking a look at where trump-related altcoins could go next after the surge.
1) MAGAUSDT
📢Verdict - SHORT
👉Bearish M-Pattern after a 77% increase:
2) TRUMPUSDT
📢Verdict - UNDECISIVE
👉 Price playing sideways after a 62% increase:
3) BTRUMPTUSDT
📢Verdict - SHORT
👉 Price making lower highs and lower lowers after a 127% increase:
4) STRUMPUSDT
📢Verdict - SHORT
👉 Price in strong downtrend after a 64% increase:
5) BABYTRUMPUSDT
📢Verdict - SHORT
👉 Clear Top-Out, watch out for losing trendline:
Considering these are all MEME COINS - trade with extreme caution since they are very high risk trades.
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Continuation of the downward trend?MAGA (TRUMP) stock has recently lost a significant support level and subsequently experienced a pullback. Currently, it is on the verge of testing the second support level. This situation indicates that if the second support level fails to hold, we might see a continuation of the downward trend.
TRUMPCOIN MAGA - Could we see triple digits before the election?Not a fan of the person but am a fan of making money off the most memeable memecoin ever that is TRUMP (MAGA).
- Huge bullish engulfing weekly candle
- Been seen pumping even when the rest of the markets going down
- Growing number of holders, market cap etc
- Election about 4 months away, plenty of time for it to kick off
- In a nice up trend
- Trying to breakout
Not financial advice, this was at $4 less than two weeks ago and it could certainly return BUT I feel like theres so much time for growth for this meme that I won't be selling anytime soon.
Make America Great Again Bullish OutlookLet's MAGA guys.
BITMART:MAGAUSDT is in a good buying zone + that gap is delicious.
TP: 0,0000000267
SL: 0,0000000022