#WIF/USDT ANALYSIS
WIF is currently trading above the horizontal demand zone of a descending triangle. This suggests a potential bounce, with a breakout of the pattern confirming a bullish trend.
However, the Ichimoku cloud is also acting as resistance.
Conversely, a break below the triangle could signal a downward movement.
WIF is currently trading above the horizontal demand zone of a descending triangle. This suggests a potential bounce, with a breakout of the pattern confirming a bullish trend.
However, the Ichimoku cloud is also acting as resistance.
Conversely, a break below the triangle could signal a downward movement.
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