$WIF now looks like a door that has already started to open, but no one yet knows exactly what is behind it.
On the 4H, buyers have taken the initiative. The daily chart does not disagree, and BTC is also on their side. But the weekly trend is still pointing down — and that is exactly why the next reaction will be telling.
I am not looking at the rise itself, but at how the market behaves in the 0.2091–0.2125 area.
If, before moving down, the nearby lows are taken out and then the price is quickly brought back, it will turn into a classic trap for those who decided the rally was over.
After that, the breakout may begin from 0.2188.
A move above that — and $WIF opens the way to 0.2235, then 0.2373.
But there is a price after which this whole story no longer makes sense: 0.1947 on the 4H.
As long as that is not given up, I am looking higher.
#WIF #Криптовалюта #Трейдинг
On the 4H, buyers have taken the initiative. The daily chart does not disagree, and BTC is also on their side. But the weekly trend is still pointing down — and that is exactly why the next reaction will be telling.
I am not looking at the rise itself, but at how the market behaves in the 0.2091–0.2125 area.
If, before moving down, the nearby lows are taken out and then the price is quickly brought back, it will turn into a classic trap for those who decided the rally was over.
After that, the breakout may begin from 0.2188.
A move above that — and $WIF opens the way to 0.2235, then 0.2373.
But there is a price after which this whole story no longer makes sense: 0.1947 on the 4H.
As long as that is not given up, I am looking higher.
#WIF #Криптовалюта #Трейдинг
