Dogwifhat (WIF): Possible Zone of Rejection / Sell Off?

7 באוג׳ 2024

Dogwifhat is looking interesting after a nice downward movement from the upper zones, resulting in a nice break in structure and a switch in trend.

We are looking here to see further rejection and weakness, which would dump the price back to lows of $1.12. From there on, we will be looking for price action and a possible bounce but who knows?

Swallow Team

8 באוג׳ 2024

הערה

Dogewifhat is testing the local resistane zone, looking to form a break in the structure here.

If we see a BOS forming here, there is a chance of a re-test of upper EMAs, and our possible buy opportunities from lower zones will be invalid!

9 באוג׳ 2024

הערה

Dogewifhat is reaching the branch of EMAs here, showing us still a bullish sentiment.

We are still holding to our scenario of downward movement as long as we are below those EMAs here!

14 בספט׳ 2024

הערה

Dogwifhat had a choppy way down but we eventually reached our entry zone for buy and bounced a nice 54% from there!