- Trump falling inside the sideways price range
- Likely fall to support level 8.4380
Trump cryptocurrency continues to fall inside the sideways price range, which has contained price action from the start of June.
The earlier downward reversal from the upper boundary of this price range 11.00 formed the daily Japanese candlesticks reversal pattern Shooting Star, which started the active impulse wave 3.
Given the clear daily downtrend, Trump cryptocurrency can be expected to fall to the next round support level 8.4380 (lower border of the active price range).
- Likely fall to support level 8.4380
Trump cryptocurrency continues to fall inside the sideways price range, which has contained price action from the start of June.
The earlier downward reversal from the upper boundary of this price range 11.00 formed the daily Japanese candlesticks reversal pattern Shooting Star, which started the active impulse wave 3.
Given the clear daily downtrend, Trump cryptocurrency can be expected to fall to the next round support level 8.4380 (lower border of the active price range).
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
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.
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
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.