Bullish scenerio for BINANCE:WIFUSDT
Recently we can see:
1. Bouncing off GP (0.5)
2. Retested local TL
3. Retested local support (S/R)
4. Broke 50 RSI
Reaching 1.37 resistance would print a cup and handle pattern…
We see a clear textbook phases of the market. Mark Up followed by mark down, accumulation, we then see a deviation or spring. The phase after accumulation can be called disbelief, others call it a test pump. Fib Extension has the 1.618 target at around $140 dollars.
