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Technical analysis by CooperTrades521 about Symbol WIF: Buy recommendation (5/18/2024)

https://sahmeto.com/message/2701522
CooperTrades521
CooperTrades521
Rank: 17459
1.5
Buy،Technical،CooperTrades521

WIF has been a phenomenal play in the meme world post Oct 2023.It has seen a massive surge in price and has moved up almost 7000% since Jan 2024.As of now price has been moving in a range since March and has posted an ATH at 4.8$.From the chart, we can see clearly price has see an impactful move after sweeping RL of 1.95$ and has reclaimed back again after a sweep.We can also figure out another Range formation and a LTF RL at 2.248 levelI believe we will sweep these lows and a quick reclaim triggers a Swing Long position for a move towards previous ATH and RH at 4.8-5$.Remember put in proper risk management before going for any trade!

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$2.54
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