$welsh Welsh about 66% Retraced... Buy the dip?
Welsh WELSH price action moved into price discovery and reached all time high of 0.015
Current price: 0.0073
Welsh has done a retracement of about 66% and is currently forming a falling channel and double bottoming pattern on the daily time frame.
#welsh can break out of channel to retest resistances: 0.0089, 0.01, 0.012, 0.014 and attempt price discovery at 0.016, 0.018, 0.02, 0.022
If Welsh is unable to break above channel and continues to retrace, buy the dip at supports: 0.0062, 0.0049
Current price: 0.0073
Welsh has done a retracement of about 66% and is currently forming a falling channel and double bottoming pattern on the daily time frame.
#welsh can break out of channel to retest resistances: 0.0089, 0.01, 0.012, 0.014 and attempt price discovery at 0.016, 0.018, 0.02, 0.022
If Welsh is unable to break above channel and continues to retrace, buy the dip at supports: 0.0062, 0.0049
Note
buy the 0.0062 dip!Note
Buy the dip!
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.