WIF/USDT - Swing Position -
Date: 06/12/24
Name: WIF/USDT
Market cap
3.33B
5.83%
Volume (24h)
1.04B
26.04%
FDV
3.33B
Vol/Mkt Cap (24h)
30.83%
Total supply
998.84M WIF
Max. supply
--
Circulating supply
998.84M WIF
Daily Time Frame – Swing Position – Long!
Reasons to be Bullish Case:
1) Structure: Market Structure shift
2) Current phase: Pull back and consolidating (at Support), generating liquidity both side.
3) Overall trend: Continuation of Bull Trend.
Worst case Senerios:
4) Bitcoin is currently at All time high, liquidation flush remaining (75k – 80k)
5) Due to liquidity generated and Demand zone sitting below.
6) Invalidation below $1.82
Trade Plans:
BUY CMP: $3.33
DCA: $2.49 - $1.85
Invalidation: $1.82
Trend Based Fibionacci Targets:
Target 1: $6.17
Target 2: $9.09
Target 3: $10.89
Target 4: $ 13.8
**This is not a financial advice, these are my personal trade journals, Do your own research before taking any action. **
Name: WIF/USDT
Market cap
3.33B
5.83%
Volume (24h)
1.04B
26.04%
FDV
3.33B
Vol/Mkt Cap (24h)
30.83%
Total supply
998.84M WIF
Max. supply
--
Circulating supply
998.84M WIF
Daily Time Frame – Swing Position – Long!
Reasons to be Bullish Case:
1) Structure: Market Structure shift
2) Current phase: Pull back and consolidating (at Support), generating liquidity both side.
3) Overall trend: Continuation of Bull Trend.
Worst case Senerios:
4) Bitcoin is currently at All time high, liquidation flush remaining (75k – 80k)
5) Due to liquidity generated and Demand zone sitting below.
6) Invalidation below $1.82
Trade Plans:
BUY CMP: $3.33
DCA: $2.49 - $1.85
Invalidation: $1.82
Trend Based Fibionacci Targets:
Target 1: $6.17
Target 2: $9.09
Target 3: $10.89
Target 4: $ 13.8
**This is not a financial advice, these are my personal trade journals, Do your own research before taking any action. **
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.