Ifiok-2sydes

$welsh Welsh about 66% Retraced... Buy the dip?

Long
MEXC:WELSHUSDT   Welshcorgicoin / USDT
$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
Comment:
buy the 0.0062 dip!
Comment:
Buy the dip!

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