WILD created megaphone pattern and dipped out of it. We are oversold and sitting at RSI support line. Whole pattern is similar to XRP where we had upward channel, dipped out of it and then created strong bounce leading to new ATH.
I expect similar move from WILD but we need to bounce up asap to keep the power for strong impulse up.
If we are to copy XRP move then we can expect push to new ATH with end target likely at fibb 1.618 range.
I expect similar move from WILD but we need to bounce up asap to keep the power for strong impulse up.
If we are to copy XRP move then we can expect push to new ATH with end target likely at fibb 1.618 range.
Trade active
We bounced back into megaphone pattern and have now open path to ATH range.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.