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Technical analysis by jvn2_ about Symbol WIF: Buy recommendation (5/19/2024)

https://sahmeto.com/message/2751870
jvn2_
jvn2_
Rank: 22267
1.5
Buy،Technical،jvn2_

What doesn't make sense to me is that during this range of almost 2 months, there was clear accumulation throughout the range as shown via OBV, however price is diverging? To my knowledge shorts have been suppressing the price down, and I believe this could be a catalyst to send price. Like a charged and fully loaded spring, its just a matter of time before it bounces. I will be looking to long the breakout. But first I expect to fill the wick to the downside lol.Also any idea why WIF is being fudded? Literally makes no sense to me lol. Suddenly some loud people on twitter decide to take over.3.39 is where I'll probably start looking to long. Seems like whole market is about to break up.Looks like it's not going to fill the wick. lol. Probably shouldnt sleep so I can catch this damn move.Yea I haven't went long yet. Chart doesn't look that convincing yet.Just opened a small long position just in case.I'll wait to add to my position.I cut WIF. Don't know what it's going to do.I'll wait till it rejects or what. I'm ok with missing this move up.Will come back in a few days.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$2.61
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