Technical analysis by PraveenTrader1 about Symbol WIF: Sell recommendation (10/5/2024)
https://sahmeto.com/message/2877643

PraveenTrader1
Rank: 3278
Analytical Power:
2.0

WIFUSDT perpetual may go downside from BEARISH ORDER BLOCK There is a bearish order block between 2.4984 and 2.4028. The selling pressure may apply on that area. so we may see the price come down. lets see what happen. I have analyzed the charts using Advanced price action theory SMART MONEY CONCEPTS. My analysis suggests open the position at order block around 2.4028 Entry point :- 2.4028 Take Profit :- 2.1637 Stop loss :- 2.6379almost hits tp. but it reversed!
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Signal Type: Sell
Time Frame:
1 hourPrice at Publish Time:
$2.34