A bit late, but still in time for what's coming next :)
Think these meme token rallye finally comes to an end which is good because I'm expecting capital/profit rotation into BTC & ETH coming weeks. So I wouldn't be surprised to see WIF crumbling down to 1$ in the next weeks. I won't be shorting it though, simpyly too dangerous with all these FOMO plebs, but I might long this for a dead cat bounce around the dollar mark.
Stay safe!
Think these meme token rallye finally comes to an end which is good because I'm expecting capital/profit rotation into BTC & ETH coming weeks. So I wouldn't be surprised to see WIF crumbling down to 1$ in the next weeks. I won't be shorting it though, simpyly too dangerous with all these FOMO plebs, but I might long this for a dead cat bounce around the dollar mark.
Stay safe!
Comment:
Looks like the bear flag I showed has finally broken to the downside. Think we will see a bearish retest next days, probably into 3$, from there I expect lower lows and lower highs mid-term. Not interested in longs until we reach 1$