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Dogwifhat (WIF): Possible Zone of Rejection / Sell Off?

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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
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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!
Catatan
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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!
Catatan
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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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Chart PatternsHarmonic PatternsTechnical Indicators
SwallowAcademy
🚨 Authentic Mentoring
⚡️ Short-Term + Mid-Term Trades

Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
Juga di:

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.