AAccording to technical analysis;
Here's the technical analysis-based prediction for WIF's next 4 hours:
Current Condition:
- Price: $2.46
- Trend: Uptrend
- RSI (14): 58.12 (Neutral)
- MACD (12, 26): Bullish crossover
- 50-day MA: $2.23 (Support)
- 200-day MA: $1.83 (Long-term support)
Indicators:
- Moving Averages: Aligned (50-day > 200-day)
- Bollinger Bands: Expanding (increased volatility)
- Stochastic Oscillator: 63.21 (Neutral)
Whale Activities:
- Moderate buying activity from whales in the last hour
- Increased buying volume
Candlestick Patterns:
- Bullish Engulfing Pattern (forming)
- Hammer Pattern
Support and Resistance:
- Support: $2.38, $2.23
- Resistance: $2.55, $2.65
Market Sentiment:
- Slightly bullish
Next 4-Hour Prediction:
- 65% chance of uptrend
- 35% chance of consolidation
Long Trade Setup:
1. Entry: $2.45-$2.50
2. Stop-loss: $2.38
3. Take-profit: $2.55-$2.65
4. Risk-Reward Ratio: 1:2
Additional Recommendations:
1. Monitor whale activities and volume.
2. Adjust stop-loss to $2.42 if price reaches $2.52.
3. Consider scaling in (adding to position) at $2.50.
Caution:
1. Increased volatility.
2. Possible pullback to $2.38.
3. Set trade now...$WIF Click this 👇and open Tr..