
PhoenixBlue
@t_PhoenixBlue
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PhoenixBlue

WWIF price has experienced lower lows and lower highs but the momentum indicators pointing higher despite the prices drops. Today it's challenging the first descending trendline, with a swift move up to 0.67. A follow-through could see a swift move towards the upper trendline at 0.86The big test will be breaking through the upper descending trendline, a break above would be extremely bullish for WIF with significant upside potential from current levels.

PhoenixBlue

A high volume bar saw OMNI move pretty fast to 5.89, though price promptly went under resistance.That resistance line has been tapped one too many times, looks ready to give way to a retracement upwards

PhoenixBlue

Price trending lower with momentum indicators trending higher.Selling overdone - a move above that resistance could be explosive.

PhoenixBlue

Great positive divergences taking place right now on WIF - A move above the trendline should see a snap move towards 0.73 and with BTC price holding, we should see a continuation further up.There is still a large risk of another BTC move towards 90k, at which point WIF price would get further suppressed. But Risk reward is skewed positively in the long run from these levels.

PhoenixBlue

Previously I was bearish on APT given the resistance levels. Since then, we've seen APT fall to the support level Since then, the chart has moved towards support and at these levels, I'd now turn bullish on APT.

PhoenixBlue

We're either going to $2 or $20 - I wouldn't be surprised if we visit both prices. Either way, the R/R at these levels seems brilliant. Price is at the swing lows of every other bounce back. Is this time different and we go lower? Sure, maybe we go lower. But fair to say, the speculators leveraging have been flushed out. The expectation of the Trump Pump after he signed his executive orders has resulted in a massive sell-off, maybe we've not quite reached that final capitulation level flush, but we're either very close or due a snap-back up reversion to the mean.

PhoenixBlue

Price making Lower Lows, but momentum indicators moving higher. Showing selling exhaustion and short term trend reversal.

PhoenixBlue

TIA Breaking out through the downtrend - Showing signs of follow-throughA break above 6 could see us move swiftly higher.

PhoenixBlue

Long term trendline resistance has become support. It's been backtested a few times and held. Momentum looking ready to move higher. We need to see TIA push through 5.65 for a bullish continuation.

PhoenixBlue

BTC Price making lower lows, whilst momentum indicators hitting higher lows on 4h chart.
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