From (the above chart) the market view$WIF the price has reached the key Fibonacci 0.618 level, and the three moving averages have already intertwined.
Why is the Fibonacci 0.618 level critical? Everyone can look at the three yellow circle positions in the above chart, the bullish force of WIF has launched three waves of charge, all of which were failed breakthroughs followed by pullbacks. Now, it is at the yellow arrow position in the above chart, and the price of WIF has once again stood above the moving average and launched a new wave of charge!!!
The buying volume is also increasing, MACD has produced a golden cross and has already stood above the zero line.
Moreover, if we look at the volume distribution chart, we will find (the above chart) that the bulls of WIF have already broken through the key resistance line, and the pressure above is getting smaller after the breakout, which is very favorable for the rise, extremely favorable, very, very favorable!
Those who like WIF can build positions in batches. I generally take positions and profits in two or three parts. Usually, I immediately enter an order with 50% of my budget to avoid missing out, and then see if there's a pullback (position 2 in the below chart).
I will also take profit in two parts, once at $3.6 and once at $4. The position of the white line in the below chart.
This is my view on $WIF . Everyone is welcome to communicate and learn together. (No trolls, please.)