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Technical analysis by Simonsco about Symbol WIF: Buy recommendation (1/10/2025)

https://sahmeto.com/message/3153931
Simonsco
Simonsco
Rank: 29274
1.4
Buy،Technical،Simonsco

Good area to add on wif. Good R/R, first target 2.8 but if that price is reached its very likely 4.8 will hit. Altcoins, especially meme coins, have been seeing growth with a total mc of 99B, and thats in coins with no worth!Wif is top 10 in mc. We'll see how this goesdepsite cascade across markets, still good area to add on wif from a R/R stand point. Better to buy at these lows compared to buying at highs. If btc closes jan in green then we could see some consolidation on wif then run some time this year. Patience is keyas i only spot trade alts, i have no sl. Wif seeing a nice reaction here, as noted in my btc posts- as longest as btc jan closes green its going to be a bullish year for crypto. Obvs things dont go up in a straight line so i will expect consolidation in all alt coins whilst btc finds its footing.

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Profit Target:
$4.8
First Support:
$1.61
First Resistance:
$2.83
Price at Publish Time:
$1.59
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