WEMIXUSD has been on an incredible 1 week rally and is near hitting Resistance B. The previous High of Wemix's +168.38% rally stopped after filling the gap on Resistance A and pulled back to Fibonacci 0.618. As the 1day RSI is bull flagging, we expect Resistance B to be fully tested on another approximate +168% rise.
Until the pattern breaks, we will be buying the pull backs to Fibonacc 0.618, with the next such pull back expected to happen on a massive 1day Golden Cross. Another two such sets target $5.000, a little over Resistance D. It may be no coincidence that recurring +168% rises fill all Resistance levels (prior Lower Highs) almost perfectly.
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Until the pattern breaks, we will be buying the pull backs to Fibonacc 0.618, with the next such pull back expected to happen on a massive 1day Golden Cross. Another two such sets target $5.000, a little over Resistance D. It may be no coincidence that recurring +168% rises fill all Resistance levels (prior Lower Highs) almost perfectly.
Follow us, like the idea and leave a comment below!!
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