Trader says: “The Signs of Beautiful Life” began to form on Memecoin Dogwifhat, but there is hunting, but there is hunting
An analyst who follows him widely tends to climb on the mechanical in the Solana (Sol) ecosystem (SOL) amid a defeat that the encryption assets lost 72 % of their value from the highest level ever.
Analyst known as Blontz Recount His 314,000 followers on the X social media platform that may be dogwifhat (WIF) has faded after completing a three -wave correction on the weekly timeline.
An analyst who regularly applies Elliott Wave in his technical analysis says that although the direction of the landing continued for a longer period than what was originally expected, there are “some nice signs of life formation” on low -time time frames. The Elleott Wave theory states that the main trend of the price of assets moves in a five -wave pattern while correction occurs in a three -wave pattern.
With a warning that it is too early to conclude that the bull run is ongoing, says Blancz,
“It is clear that the first days have not seen an increase of five waves from its lowest levels” so far “but I think there is a decent opportunity that the person has started to form it.”
WIF is trading at $ 1.32 at the time of this report.
Next is Bitcoin (BTC). According to To a widespread analyst, Bitcoin is likely to form a “wild” swinging pattern (SFP) to the negative side on the graph for two weeks. Slaughter failure pattern is a tool in technical analysis used to determine the potential points to reflect the direction.
“Bitcoin has five days so that SFP is not brutal for two weeks.”
Bitcoin is trading at $ 101,912 at the time of this report.
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