Long

Updated

Trump Coin Quick Trade (30mins chart).

Bullish Inverse Head-and-Shoulder-like pattern breakout. Had accumulated at between $33-$36.

Will sell within the green zone.

Updating stop limit to below the bottom dark blue horizontal breakout line, accounting for volatility.

Also, FG histogram had shown bullish divergence, turned green and flipped positive as well on the 15mins candlestick chart.

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Still looking bullish after the rejection at ~$48, since it subsequently successfully bounced off the blue line as support, and had also strongly wicked back up after ranging low. Got stopped out by my limit set, but managed to buy back in just slightly lower again at ~$39. I'm setting an additional small sell order at around $47.

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Ok, I am now set to exit my trade with the FG histogram turning orange again (to be confirmed on candle close).

Keeping a small moon bag though to be hodled through 2025. :)

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Might start consider longing again if it breaks above $42.06 to establish a higher high.

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Perhaps there is a chance to long again, if it holds above the white arrowed line to confirm the breakout from the short-term downward trend:

Note, I am posting for my own record (future reference). I might to be updating the ideas in time since it is more difficult to post ideas on my mobile. :)

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Buy order at $42.1 triggered:

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Got stopped out at below $41.8. Volatility is crazy.

Trade closed: stop reached

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Another chance? Waiting for a strong bounce-off the white line to above the new purple line to buy at slightly lower at $39.89.
Redrawn selling level, estimated using AB=CD rule as shown below.

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Basically I am now setting lower and lower buy level as lower highs are being set on the shorter hourly/30mins timeframe (i.e. above the purple line). Will keep readjusting to lower my buying price as lower highs are being set on the hourly.

The FG histogram had turned orange (bearish). Need to wait for it to turn back to green (bullish) again.

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Strong pump, buy ordered triggered:

Monitoring and waiting for candle close...

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Update:
Need to wait for candle close for confirmation.
Note the FG histogram have yet to turn bullish again.

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Updated support/resistance line. Continuing to wait for breakout from the latest lower-high set before buying back in after getting consecutively getting stopped out from my stop-limit:

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