WIF USDT is one of the very popular meme currencies
There is a good chance of at least 60% to 100%.
With a stop loss of 15%, or better, close the four-hour candle below the level of 1.7185 in order to avoid big swings.
The risk ratio is at least 1:4
The currency is ranked 52nd on MarketCap
Here are two ways to enter
1- We place pending orders, but in this case, if the currency makes a significant correction, the possibility of the stop being hit
There is also a possibility that the currency touches the order and then reaches the target
2- This is what I prefer personally. First, we wait for the currency to correct to the order block area or the white box, and then we wait for the movement of the currency. If the currency gives us a positive candle with the same engulfing bar candle, here the chance ratio is very strong.
What do you think, is it worth following or not?
Greetings to all of you