$TRUMP - Forming a continuing Head and Shoulders pattern
A continuing head and shoulder pattern has formed on the intraday time frame.
The best point to enter the trade is when the neckline breaks and touches it again.
Also, if the $36 support line is touched again and a price rejection is seen from it, it can be another technical entry point.
This is only a technical analysis and is in no way an investment or trading recommendation.
TRUMPUSDT
$TRUMP | ALTS | Donald Trump Launches Memecoin on SolanaJust days before his second inauguration, President-elect Donald Trump and his social media team dropped a Solana-based meme coin called TRUMP.
The announcement went viral, racking up huge trading volume. At first, some on-chain analysts and security experts were skeptical, wondering if it was just another scam. But as things settled down, it seemed like the launch was legit. $TRUMP increased 682% within the first few hours of release, after which it corrected with -50%.
Even though people were initially wary because it reminded them of past celebrity meme coin scams, a follow-up post on X (formerly Twitter) cleared up a lot of the doubts. Since then, the coin's price has bounced bac from the correction.
Some analysts flagged that the project got funding from Binance and Gate.io, exchanges that don’t serve U.S. customers. But after digging deeper, those worries faded, especially since the official site for the coin was pretty much the same as past Trump NFT launches, which are handled by CIC Digital, his NFT partner.
Does TRUMP coin have a future?
$TRUMP could have a future - at least during the POTUS term. The coin surged to $79 with a market cap of about $11.7 billion. But since 80% of the 1 billion coins are locked for the next three years, the circulating supply currently is more like 200 million tokens, possibly why it may be better for the short term instead of long term (since it is a meme coin, it will not be burned, the supply will only increase).
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GATEIO:TRUMPUSDT
TRUMP Coin Idea (Be careful)Hey ill make the description very short compared to my other posts..
This is a VERY risky coin to trade so please dont be mad at me if you lose
everything in this coin!!! (NFA DYOR!!!)
If we don't make a new low this could be a 5 wave up pretty much
combined with a reverse H&S (bullish pattern)
Target is 80-120 USD measured from the 5 wave and H&S.
NFA NFA NFA NFA
ADAUSDT H4 :New RoadmapHi friends,
Technical chart for Cardano in 4 hours timeframe.
SecondChanceCrypto
⏰ 20/Jan/25
⛔️DYOR
Always do your research.
If you have any questions, you can write them in the comments below and I will answer them.
And please don't forget to support this idea with your likes and comments.
TRUMPUSDT : ROADMAP HI Friend,
You can check the chart . I try to show you some point in scalp.
SecondChanceCrypto
⏰ 20/Jan/25
⛔️DYOR
Always do your research.
If you have any questions, you can write them in the comments below and I will answer them.
And please don't forget to support this idea with your likes and comments.
TRUMPUSDT - A coin with most hype, what's next??#TRUMPUSDT - as you know that coin getting hype on his first day and breaking the record volume.
now on technical point of view 49 is the key level for now and if market stay above that there is another upside leg expected.
don't be lazy here and keep in mind that below 49 we will go for cut n reverse on confirmation.
good luck
trade wisely
TRUMP reached $15B in market cap! Should this even be legal??OFFICIAL TRUMP (TRUMPUSDT) was launched officially on Friday by President Donald Trump, reaching a market capitalization peak of $15 billion.
It naturally falls into the category of memecoins and even though the token may very well keep rising with its technical corrections and rallies, the big question that is on everyone's mind is this:
SHOULD IT EVEN BE LEGAL?
This post isn't a political one, we wouldn't care any less if the token was named Bidencoin or Obamacoin. Our concern falls purely in the economic sphere and the financial consequences a price collapse may have on its (naive?) investors and the whole crypto market in general.
Obviously, having released only 20% of supply to the general public while the remaining 80% of tokens that have yet to be publicly released are owned by the Trump Organization affiliate CIC Digital LLC and Fight Fight Fight LLC (a company formed in Delaware on Jan. 7), is in principle a positive step and a small sign towards proper governance. But naturally the token’s website includes a disclaimer noting TRUMP is “not intended to be, or the subject of” an investment opportunity nor a security of any type, and is “not political and has nothing to do with” any political campaign, political office or government agency.
Again to avoid confusion, the token may very well extend the current rally, after all it has been on 3 enormous straight green candles, and even double in price and enter the top 10 of crypto with more than $30B cap.
But can you image the consequences to the whole market if some of that 20% of public supply or any of the 6 wallets that own more than $600 million each, makes a rug pull? Beyond the ethical aspect, should it be legal for the President of the United States to have such a large stake on this kind of venture? Does the idea of a 'free market' apply under the above conditions?
We are just raising our concerns and nothing more, as it took us, the whole crypto community, 25 years to get the market from a state of ridicule to a global force that is already reshaping the world as we know it. And it is our responsibility to question moves and call potential dangers if we see one. How will it reflect to crypto investors if the U.S. President's coin goes from no 15 in the market cap to bust? It took a lot of years and effort for the first BTC ETF to attract high profile capital to the market from investors that would otherwise never though of buying cryptocurrency if it weren't for Blackrock and others to back it up with an ETF. Will those people or even normal investors maintain their appetite if the U.S. President fails to safeguard even his own coin?
Lots of questions, tough answers. Feel free to tell us what you think about TRUMP's coin.
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👇 👇 👇 👇 👇 👇
TRUMPomania - 3 variants of possibly Bulls RallyCrypto markets have been rocked by the launch of an "official" Donald Trump memecoin this weekend—with traders braced for more mayhem this coming week.
Unlock over $3,000 in NFT, web3 and crypto perks — Apply now!
The price of the "official" Trump memecoin has surged since its Friday evening launch, breaking into the crypto top 20 by market capitalization and hitting an eye-watering $14 billion.
Now, as leaks reveal Trump is readying a flurry of crypto-focused executive orders, Trump's wife Melania has launched her own rival cryptocurrency—tanking the price of Trump's coin.
Sign up now for the free CryptoCodex—A daily five-minute newsletter for traders, investors and the crypto-curious that will get you up to date and keep you ahead of the bitcoin and crypto market bull run
TRUMPUSD in a couple hours, we'll see a price over $100.TRUMPUSD in a couple hours, we'll see a price over $100.
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ELONUSDT Trade LogBought some ELON, took the leap,
A moonshot dream, in charts so deep.
To the stars, it’s set to fly,
Hold tight, let the profits rise high.
Through the dips, I’ll stand my ground,
With each new wave, more gains are found.
In the space where rockets zoom,
ELON’s the ticket, to break the gloom.
Price Analytics: $TRUMP's Potential Correction and Future RallyPossible Rebranding of an Existing Token: A Strategic Collaboration with the President
The recent announcement of the MEXC:TRUMPUSDT cryptocurrency has ignited discussions about its origin and its sudden rise to fame. Market data suggests that $TRUMP might not be entirely new but a rebranded version of an existing token. Historical price charts from exchanges like Gate.io and MEXC reveal trading activity for a $TRUMP-named token as far back as March 2024, long before the President’s public endorsement.
Rebranding an existing token in collaboration with a high-profile figure like the President offers several advantages:
Instant Market Hype: Association with a well-known personality generates massive publicity, attracting retail and institutional investors.
Enhanced Trust and Legitimacy: A presidential collaboration can shift market perception, making the token appear more credible.
Reviving Dormant Projects: Tokens with limited traction can leverage rebranding to reignite interest and trading activity.
If the MEXC:TRUMPUSDT token is indeed a rebranded project, its association with the President has proven successful, as evidenced by its meteoric rise in value to $72 shortly after the announcement.
Current Analysis:
The MEXC:TRUMPUSDT token is currently trading at $72, experiencing a surge due to its high-profile launch. However, considering historical data and market patterns, a price correction to the $37–$40 range is likely. This range aligns with the previous all-time high (ATH) of $37–$38 recorded on March 5, 2024.
Short-Term Projection:
If the token revisits its previous ATH, this retesting could act as a strong support level. Historically, price corrections to significant levels often precede larger upward movements, as they confirm market confidence in these levels.
Long-Term Projection:
Assuming the token completes the #5 Wave of the Elliott Wave cycle, it could potentially surpass the $100 mark. The Elliott Wave theory suggests that the fifth wave is often driven by strong market sentiment and euphoria, fueled by both technical and fundamental catalysts.
Conclusion:
While the MEXC:TRUMPUSDT token's current momentum is undeniable, investors should anticipate a near-term correction to $37–$40 before a rally beyond $100. This projection combines historical data, technical analysis, and the hype surrounding its rebranding and presidential collaboration. However, as with any volatile asset, investors should exercise caution and conduct thorough due diligence.
#TRUMP. WHAT DID THE US PRESIDENT DO? WHY IS THE MARKET FALLING?KCEX:TRUMPUSDT
#1D
Trump’s Token
Last night, Trump unveiled his own token, which reached a market cap of 14B+ in just 4 hours, surpassing Litecoin, Polkadot, and TON.
Key Details:
- Supply: Currently 200M tokens, gradually increasing to 1B over 36 months.
- Allocation: Official details on token allocation are available on the website.
- Exchanges: While the token isn’t yet listed on major exchanges, the trading volume suggests a Tier-1 exchange listing is imminent.
Positives:
➕ BTC: The reserve role of Bitcoin is strengthened when the former president launches a meme coin.
➕ SOL: The token operates on Solana, which is positive for the ecosystem.
➕ Memes: This could spark renewed interest in meme coins, though similar launches by other political figures might dilute liquidity for older projects.
Negatives:
➖ AI agents on Solana have suffered from a liquidity outflow due to this launch.
The launch of the TRUMP meme coin highlights the growing influence of cryptocurrency in political and social arenas. Overall, this event is a positive signal for the crypto industry.
As always, DYOR (Do Your Own Research) and trade wisely! 💖
Hugs,
Your crypto girl
TRUMP/USDT NEW DAY INCREASETRUMP/USDT NEW INCREASE DAY TRADE
The study shows that Morpho has a good chance to break in the coming time for this reason a follow.
We choose the coins not based on what we expect or think but on what the data shows as having the highest chance of increasing. And then it will still be unexpected market. There are no guarantees in markets.
The market whispers only to those who listen. TRUMPThe market whispers only to those who listen. Today’s setup tells a story of resilience and growth. 📈 Buy now and hold steady; success is earned by those who master patience and conviction. Let's trade not just with charts, but with a mindset of growth and discipline.
DYOR.
Yours truly,
Hedonist
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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Make MEME Great Again ---- TRUMPAfter the approval of the ETH ETF, market’s attention will turn to monetary policy and the election in November. Over the weekend, former US President and 2024 Republican presidential candidate Donald Trump stated in his speech that he would accept crypto donations, and If he succeeds in becoming president, he will promote the development of crypto and BTC in the United States, and oppose CBDC. This is historic. Trump is the first candidate to express his support for crypto, in stark contrast to his main challenger Joe Biden.
In this context, meme coin TRUMP has gained market attention. Although there is no evidence that the TRUMP token in Trump’s crypto wallet was actively purchased by him. But for meme coins, interesting concepts and hooking up with celebrities are the conditions for pumping, and TRUMP did it. There are still 6 months left before the US election. TRUMP and the meme coin with the concept of election will become the focus of the market at this stage. Donald Trump may even be elected as the next president because of this historic decision.
We can see that with the rise in recent days, TRUMP has risen above the high point at the time of listing on exchanges, and the trading volume has gradually increased. It can be seen from the TSB indicator that after TSB prompted a BUY signal on May 23, TRUMP began a new round of rise. The columns are currently well above the wavy zone and the uptrend is healthy. Meme coins are suitable for our indicators.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.