đ Practicum: WLFIUSDT. Preparing for a breakout
âď¸ I have found the perfect opportunity for you, my dear readers, to consolidate your theoretical skills.
On the 30-minute chart of WLFIUSDT, we currently see a clearly defined consolidation zone, confirmed by the previous historical period. The price is squeezed between levels.
Take note of our markers (USD):
Resistance line: 0.1055
Support line: 0.1028
Energy is accumulating to explode. We are not into 'prophecies'; we are waiting for a clear impulse. Breaking one of the channel's boundaries (significantly above 0.1055 or below 0.1028) will create a strong impulsive move that we are waiting for.
Do you want to know more about how to properly handle such situations and distinguish between Fakeout? Read the detailed article on breakout and rebound strategies. Thank you for your attention!
Wishing everyone success and see you at the bridge! Bon Voyage! âď¸đđĽ
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