Bullish Running Flat Structure in WIF Suggest Strong Rally Ahead

Snapshot Thursday

Dear Subscribers,

Happy Snapshot Thursday!

First published in our Telegram Group, Swissblock’s Henrik Zeberg shares his weekly insights on crypto and macro price action. Make sure to join the channel for the most direct access to this resource:

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This time, Henrik analyzes WIF memecoin price action, which like other altcoins, has experienced a dip in recent days. While market sentiment has turned more negative, our Swissblock’s expert offers a contrarian, bullish outlook. 

By using technical analysis, specifically focusing on Elliott Waves and correction patterns like the running flat, Henrik establishes that this short-term decline is merely part of a larger bullish setup.

Now, let’s get ahead of the curve and jump into Snapshot Thursday: