Title: "WIF/USD Technical Analysis in 1D: Exploring AMD and Double Top Patterns"💫💥👍👍😃💢💢
Subtitle: "Decrypting the WIF Trajectory with Fractal Perspectives"💯💯🍌💥👍😃
Introduction: This technical analysis looks at the evolution of the price of WIF/USD in daily timeframe, highlighting an AMD followed by a Double Top. We examine the impact of these setups on the market, with a breakout of the initial AMD followed by a correction towards the Fibonacci zone from 0.382 to 0.618. We also observe the formation of a new AMD and the implications for a bullish recovery, aiming to breach the next major target: the 1.272 expansion mark.💫💢🍌👍🍿😃
Summary: After an AMD followed by a Double Top, WIF/USD experienced a notable breakout of the initial AMD, leading to a correction towards the Fibonacci zone. The formation of a new AMD suggests a potential bullish recovery, with a target of breaking the 1.272 expansion bar. Investors are closely monitoring these developments to adjust their strategies and capture market opportunities.#WIF#USD#TechnicalAnalysis#AMD#DoubleTop#Fibonacci #1272ExpansionBar
![](https://public.bnbstatic.com/image/pgc/202404/12cd1b0d0560b41802d7c5999c8ac1c6.jpg)