Wormhole Pattern Breakout (185% Bu-Pot.)Wormhole is going bullish together with the rest of the Altcoins market. Notice the steep decline, in red... This pattern leads to a major low in August. Here the bearish wave ends.
This low produces a bullish breakout, the "initial bullish breakout."
This up-move is corrected and ends in a higher low (yesterday).
๐ As Wormhole (WBTC) breaks bullish above the C-pattern, with a higher low, it signals the start of a strong bullish wave.
We have the short-term targets mapped on the chart.
The pair can grow more if we consider the long-term.
Namaste.
WBTC trade ideas
wormhole targets mid-late 2024wormhole has a great potential from a project POV and
we can see the price has bottomed(for now at least)
this could be a good accumulation period for retail investors
Some of this targets may get hit into the late-summer 2024
Happy Summer-Time Everyone ! ๐๐ฆโต๐ค๐ฆ๐๐ข