July 2025 - 100% Trump token move to $18 before October

17 Jul

"Trump token, it's gonna be huge, believe me. We're talking about a tremendous move, a total win, unlike anything you've ever seen. The fake news, they won't tell you but this token it's exploding. It's happening folks everyone knows it, everyone is talking about it."

Alright, enough of that...

On the above 1 day chart price action has corrected 45% since the month of April. The chart now displays a compelling technical setup for a 100% move to $18.

Bullish Arguments:

Support and resistance

Price action and Relative Strength Index (RSI) breakout from downtrend resistance. Price action also confirms support on past resistance (red / blue arrows).

The trend

A higher low print is confirmed with the downtrend resistance breakout. The RSI also mirrors this trend reversal with a higher low print.

Divergence

Look left. Five oscillators now print positive divergence with price action.

Conclusions

The downtrend clearly now shows signs of reversal. The next two resistance levels are shown, beyond that is unknown until the upper resistance confirms support. Not expected to occur in this market cycle.

Is it possible price action continues to print lower highs? Sure.
Is it probable? No.

Ww

17 Jul

Dagangan aktif