WIF / TetherUSLong
Alikze »» WIF | Ready to break supply area
Updated
It has been moving in an upward channel at 12h and daily.
💎 Currently, after exiting this ascending channel, it has been suffering for some time in the range of the green box and the supply zone.
Considering the density in the trading range, I expect it to enter the ascending channel again after breaking the supply zone.
💎 If the supply zone is broken, it can touch the specified targets and the middle of the channel and then the next supply zone.
💎 Alternative scenario: If the green box area breaks, it can continue correction until 1.96.
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»»»«««»»»«««»»»«««
💎 Currently, after exiting this ascending channel, it has been suffering for some time in the range of the green box and the supply zone.
Considering the density in the trading range, I expect it to enter the ascending channel again after breaking the supply zone.
💎 If the supply zone is broken, it can touch the specified targets and the middle of the channel and then the next supply zone.
💎 Alternative scenario: If the green box area breaks, it can continue correction until 1.96.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.❤️
»»»«««»»»«««»»»«««
Note
After the lack of stabilization above the supply zone and the breakdown of the structure, it has taken a bearish guard, and now with the breakdown of the green box zone, which is now a resistance zone, it is correcting towards the green box with a pullback. Note
After not being able to break the 3.5 supply area and the 2.30 break area, the alternative scenario was realized and the correction continued until the green box. Note
After not breaking the supply zone, the alternative scenario was realized and the bearish target was touched and demand was met in the green box range. It is currently moving in a downward channel, which I will update soon. 
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