$welsh Welsh about 66% Retraced... Buy the dip?$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
WELSHUSDT trade ideas
Assuming Welsh History Repeats.... $welsh 1000% from herePreviously $welsh formed a falling wedge!
Welsh's Price action pumped over 1000% after breaking out of falling wedge!
Previous price before pump: $0.0015
1000% after pump: $0.015
Currently #welsh is forming another falling wedge!
Can Price action pump over 1000% after breaking out of this falling wedge? It remains to be seen!
Current price: $0.0053
Expected price of 1000% assuming history repeats! $0.053
WELSH BUY The DIP$WELSH has come into an interesting area and a bounce off this area 0.006739 will create an opportunity to go long, a further long position can be added at the break and retest of the 0.008863 area. If on the other hand price breaks down on the down side @0.006385 and a retest is seen there will mean price will likely dip further at which I will look for some more buying opportunities
Do your due diligence, Past results does not guarantee future results
$Welsh Welsh in a second falling channel...$Welsh Welsh Price action now in its second falling channel also forming a bullish Divergence!
Current Price: 0.0019
Is Welsh ready for Higher prices? New all Time Highs? Or will previous Supports be revisited?
Up resistances: 0.00 (2629, 3204, 4015, 4870, 5973)
Down Resistance: 0.001100
Top Gainers: WelshcorgicoinWhat is Welsh Corgi Coin (WELSH)?
WELSH is a meme token running on Stacks blockchain
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