$WIF The asset has been in a range and is now confidently trying to break out of it. It has entered the zone of levels 1.77–1.33. There are two potential scenarios:
A) Transition into the range to gain strength with a subsequent move to 2.0–2.3 (+80%). Within this movement, pullbacks and ranges are possible.
B) Decrease below the zone to attract buyers. Testing the area of interest 1.20–1.17 appears as a shallow pullback with a gain in strength. A deeper option would be a return to the zone of 0.76–0.80 to confirm the upper boundary of the range on D1. Another test of 0.304 is also possible (unlikely but considered as an extreme scenario).
Entry after securing above 1.20 with a stop at 1.00–0.90 or gradually on pullbacks using DCA.
Prices on the chart are considered as ranges rather than exact points. An additional 5–10% margin is added to the levels. Inside movements, ranges, pullbacks, and panic are all taken into account. The strategy is to reinvest profits on pullbacks without changing the main position.
Take 1: 2.2 — about +70% from the average entry point (1.3)
Take 2: 4.0 — about +220%
Take 3: 5.5–6.0 — over 300% (in the event of a strong altseason)
Realistic potential — 1.5–2x.
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