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Technical analysis by tradeasan about Symbol TRUMP: Sell recommendation (3/19/2025)

https://sahmeto.com/message/3363334
tradeasan
tradeasan
Rank: 654
3.0
Sell،Technical،tradeasan

Note: Unfortunately, you can only make a picture so please read it carefully. At the beginning, "New Year" dear ones, Currency Website users, and I hope you are a blessing. The image, you see the line that I named with "Tripline". There are also three resistance lines called "Resistance 1, 2 and 3" and a support line called "Original Support". Summary: Price, after colliding with the channel floor in the "$ 9.55" range to the channel ceiling, began an upward move but could not approach the channel ceiling and halfway in the "$ 12.50" range. Meanwhile, the trend line was also broken into the channel "related to the same movement" and is currently priced at the Trendline Trend. That is: Given the failure of the upward movement, I expect the price to move to the bottom of the canal and not only hit the canal floor but also get out of the canal floor and have more technical fall, but it is not 100 percent. So I anticipate: If the price of the putty rejects the number 1 resistance in the "$ 11.15" range and rejects the number 2 resistance, it collided with the main resistance of the $ 3 in the "$ 12.50" area, and if the area is rejected, we can be sure that the process is just outside the channel, if the current is out of the channel. It is "$ 9.55" and if the area was broken, my expectation has happened if the price rejects the $ 9.55 support, we can see an 8 -dollar Trump currency and then $ 5.

Translated from: Farsi
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Signal Type: Sell
Price at Publish Time:
$11.08
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