Trump Coin: ⬇️ Sell
– Trump Coin reversed from resistance zone
– Likely to fall to support level 1.5000
Trump Coin recently reversed down from the resistance zone between the resistance level 2.2500 (former strong support from April), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from April.
The downward reversal from this resistance zone started the active short-term impulse wave 3.
Given the clear daily downtrend, Trump Coin can be expected to fall further to the next support level 1.5000 (which stopped the previous impulse wave 1).