$WELSH time to flyafter a steep correction of 88%, the buying volume on the last couple of days are huge, so if we close the monthly above the first line, we flip bullish and is going higher!
do not fade it!
WELSHUSDT trade ideas
$WELSH, first memecoin on Bitcoin: 20M marketcap$WELSH is the first #Bitcoin memecoin, set to become the official mascot and ambassador for COINBASE:STXUSD Stacks. This charming dog aims to attract new users to Stacks and foster the development of new solutions within the ecosystem.
Currently, $WELSHUSD is trading around the 0.618 Fibonacci retracement level from its low to its all-time high in March. Trading at the Golden Ratio offers a promising opportunity for Bitcoin's first memecoin.
By applying Fibonacci extensions, I have identified the next major resistance levels and potential targets for $WELSH. Comparing memecoins on Ethereum and Solana, such as DOGE, SHIBA, Dogwifhat, and BONK, which have market caps exceeding $7 billion, to $WELSH with its $20 million market cap, highlights its significant potential. As the first memecoin built on #Bitcoin, $WELSH represents a unique and asymmetrical investment opportunity.
Woof.
$welsh Welsh about 66% Retraced... Buy the dip?$Welsh WELSH price action moved into price discovery and reached all time high of 0.015
Current price: 0.0073
Welsh has done a retracement of about 66% and is currently forming a falling channel and double bottoming pattern on the daily time frame.
#welsh can break out of channel to retest resistances: 0.0089, 0.01, 0.012, 0.014 and attempt price discovery at 0.016, 0.018, 0.02, 0.022
If Welsh is unable to break above channel and continues to retrace, buy the dip at supports: 0.0062, 0.0049
Assuming Welsh History Repeats.... $welsh 1000% from herePreviously $welsh formed a falling wedge!
Welsh's Price action pumped over 1000% after breaking out of falling wedge!
Previous price before pump: $0.0015
1000% after pump: $0.015
Currently #welsh is forming another falling wedge!
Can Price action pump over 1000% after breaking out of this falling wedge? It remains to be seen!
Current price: $0.0053
Expected price of 1000% assuming history repeats! $0.053
WELSH BUY The DIP$WELSH has come into an interesting area and a bounce off this area 0.006739 will create an opportunity to go long, a further long position can be added at the break and retest of the 0.008863 area. If on the other hand price breaks down on the down side @0.006385 and a retest is seen there will mean price will likely dip further at which I will look for some more buying opportunities
Do your due diligence, Past results does not guarantee future results
$WELSH #WELSH Buying SpotMEXC:WELSHUSDT See the WELSH in the future
The future of the BTC meme coin is WELSH, i see the opportunity to buy it
$Welsh Welsh in a second falling channel...$Welsh Welsh Price action now in its second falling channel also forming a bullish Divergence!
Current Price: 0.0019
Is Welsh ready for Higher prices? New all Time Highs? Or will previous Supports be revisited?
Up resistances: 0.00 (2629, 3204, 4015, 4870, 5973)
Down Resistance: 0.001100
Top Gainers: WelshcorgicoinWhat is Welsh Corgi Coin (WELSH)?
WELSH is a meme token running on Stacks blockchain
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Always do your own research and consult with a licensed investment professional before investing.
$Welsh Welsh Falling Channel.... Ready to Rise?$Welsh Welsh Price action has been in a falling channel
Current Price: 0.0024
Is Welsh ready for Higher prices? New all Time Highs? Or will previous Supports be revisited?
