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$WIF /USDT on the 4-hour timeframe, with Fibonacci levels and technical indicators that can give insights into future movements.
### Updated Technical Analysis:
1. **Fibonacci Levels**: The current price is around 1.541, very close to the 0.5 Fibonacci level, which is 1.552. This zone can act as an important support. Below this level, the next strong support would be at 1.439 (0.382 Fibonacci), and then 1.299 (0.236).
2. **200-Period Moving Average**: As in the previous analysis, it is not visible, suggesting that it is well above the current price, maintaining the prevailing bearish trend on the chart.
3. **MACD**: The MACD indicator does not yet suggest a clear recovery. The chart shows the beginning of a bearish crossover, which could indicate stronger selling pressure in the coming hours. It is important to monitor the slope of the MACD moving averages to confirm this scenario.
4. **Bollinger Bands**: The price is close to the lower border of the Bollinger Bands, indicating that the asset may be oversold in the short term. This could suggest a possible corrective upward movement if there is sufficient support in the 1.541 zone.
### Forecasts for the next 7 days:
- **Bullish**: If the price manages to hold the current support of 1.541 and there is an upward momentum, the next target would be around 1.665 (0.618 Fibonacci), followed by 1.824 (0.786).
- **Bearish**: If the price breaks below 1.541, there are chances of a deeper correction towards the support levels of 1.439 and 1.299.
**Conclusion**: The chart is in a critical zone, where a break below 1.541 could trigger a more significant decline. However, if the support holds, we could see a gradual recovery towards the higher Fibonacci levels.