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Dogwifhat (WIF): Possible Zone of Rejection / Sell Off?
Dogwifhat is looking interesting after a nice downward movement from the upper zones, resulting in a nice break in structure and a switch in trend.
We are looking here to see further rejection and weakness, which would dump the price back to lows of $1.12. From there on, we will be looking for price action and a possible bounce but who knows?
Swallow Team
We are looking here to see further rejection and weakness, which would dump the price back to lows of $1.12. From there on, we will be looking for price action and a possible bounce but who knows?
Swallow Team
Nota
Dogewifhat is testing the local resistane zone, looking to form a break in the structure here.
If we see a BOS forming here, there is a chance of a re-test of upper EMAs, and our possible buy opportunities from lower zones will be invalid!
Nota
Dogewifhat is reaching the branch of EMAs here, showing us still a bullish sentiment.
We are still holding to our scenario of downward movement as long as we are below those EMAs here!
Nota
Dogwifhat had a choppy way down but we eventually reached our entry zone for buy and bounced a nice 54% from there!
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🚨 Authentic Mentoring
⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.