OFFICIAL TRUMP: It Is Still Early 4 773% —111% & 333% Short-Term
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It is still early. Great news.
In this chart we have a classic, the stop-loss hunt event.
TRUMPUSDT moved below support just to quickly recover. Support here is mapped as the 10-February low. The break above support produced a really strong, full green candle with really high volume.
This is a confirmed bullish breakout.
It is still early.
It is still early because of the stop-loss hunt event. The stop-loss hunt event only happens at bottom prices. Even though there was a strong move, relatively speaking (reading-writing), this move produced a recovery from a true bottom. Now that the action is happening above support, we can expect a bullish wave to develop.
The chances for lower prices are really low. Don't get me wrong, it is still possible to see a shakeout, another one, but this is very unlikely. Notice how high the volume is when prices move up. Now, notice how low the volume is when prices move down. The bears have no force, no momentum, no excuses left. In fact, many people were selling Bitcoin and many Altcoins at the bottom and now they have to buy at higher prices. They will never sell. Those that were already holding strong, won't sell either. We are all ready to hold.
The market is going up which is great news for all those involved.
Here we have a nice 773% target. It is still early.
We have an easy target at $34 for 111%. Another target around $70 yields 333%.
Patience is key. Our strategy stays the same. Accumulate as much as you can and then wait.
Each time you get paid, the money goes into Crypto; the market will take care of the rest.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.