All up to Big Daddy BTC... Take a look at this Bullish BAT harmonic on WIF. This is a DAMN good area to DCA in WIF or open a small leverage long. There is quite a bit of BTC FUD right now which is creating a lot of fear in the markets. If and ONLY if BTC does not hold 89900...then we could be seeing a DUMP down to 76k. Is that a possibility?...yes, but very slim chance however, that would mean WIF would put in a beautiful DOUBLE bottom @ 1.06. So my best advice is to go into a SAFE 3 to 5x long on WIF... reducing your odds of being liquidated. I had trades all the way up around 1.80.. The bottom line is this...market makers do NOT make me nervous...I just plan ahead in the event BTC does decide to DUMP. Watch for a FAKEOUT in order to trap the BEARS. Good luck and...
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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.