💎 Paradisers, #WIF has broken out of the descending channel by forming a 'W' pattern and has displayed a Change of Character (CHoCH) towards a bullish market structure.
💎 If #WIFUSDT successfully breaks above the resistance area, we can anticipate a bullish move. However, a pullback from here is highly probable as the price may need to gather liquidity before advancing.
💎 We can expect a bounce from the bullish Order Block (OB) plus the Demand Zone. For this scenario, confirmation of bullish signs is necessary.
💎 Should the price fall below these levels, it would be considered bearish for #WIF. In that case, my advice would be to refrain from trading it, as the conditions suggest waiting for clearer signals or better market behavior.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.