📊The monthly chart of $WIF, analyzed through Carney's Harmonic Patterns, shows a perfect Bullish Shark Pattern. Key aspects of the pattern include:
🏷️AB = 0.982 of XA, aligning with the Shark's extended range (0.886 – 1.13 XA). 🏷️BC = 0.992 of AB, a deep retracement typical of Shark formations. 🏷️CD = 1.147 of BC, fitting within the expected 1.13 – 1.618 BC extension. 🏷️XD = 1.125 of XA, confirming the pattern with the correct extension. The price targets, according to Carney’s rules, are $2.67, $3.04, and $4.83, with the pattern invalidated if the price dips below $0.40.
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#WIF #WIFUSDT # CryptoTrade #WIFAnalysis
📊The monthly chart of $WIF, analyzed through Carney's Harmonic Patterns, shows a perfect Bullish Shark Pattern. Key aspects of the pattern include:
🏷️AB = 0.982 of XA, aligning with the Shark's extended range (0.886 – 1.13 XA).
🏷️BC = 0.992 of AB, a deep retracement typical of Shark formations.
🏷️CD = 1.147 of BC, fitting within the expected 1.13 – 1.618 BC extension.
🏷️XD = 1.125 of XA, confirming the pattern with the correct extension.
The price targets, according to Carney’s rules, are $2.67, $3.04, and $4.83, with the pattern invalidated if the price dips below $0.40.
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