WIF has recently shown an interesting technical pattern. From the price level of 0.31, a double bottom structure has formed, and it is currently testing the key resistance level at 0.38. Following this is a significant increase in trading volume, which usually indicates an improvement in market participation.
From a purely chart perspective, if 0.38 is truly broken through effectively, there could be a new upward space next. Many traders are paying attention to this critical moment. Of course, no technical analysis is 100% accurate, so it’s important to combine it with your own risk management strategies.
Interested friends can keep an eye on the specific performance at this level and see how the market reacts.
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MetaverseLandlord
· 01-11 22:23
At the 0.38 level, it feels like they're about to scam more people in. Anyway, I don't believe in the technical analysis anymore.
If it can't break through, it'll just keep falling. I'm used to it anyway.
Double bottom? Haha, it looks more like a double top to me, haha.
Does increasing trading volume necessarily mean a rise? Why am I still losing?
I only believe in one thing: that I will continue to get cut.
Wait, if 0.38 really breaks, I have to follow up, or I'll miss out again.
If this wave rebounds above 0.5, I'll just eat noodles. Do you want to gamble, everyone?
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DarkPoolWatcher
· 01-11 22:23
Double bottom pattern sounds good, but I'm more concerned about whether it can truly break 0.38. This time feels a bit uncertain.
Volume expansion is a load of nonsense; it’s happened many times before, and in the end, it just crashes down.
If 0.38 can't be broken, we need to be careful about a retest of 0.31.
Wait, is it still in the testing phase? Then better wait and see, don’t rush to jump in.
If this wave really rises, it should reach around 0.5, but the risk is also very real.
I don’t really trust pure charts; I feel it also depends on the funding situation, and volume is the key.
Double bottom? It looks like a false bottom to me. Let’s wait until it breaks before saying anything.
Honestly, the WIF adjustment cycle is a bit long; it feels like the bottom hasn't been reached yet.
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TerraNeverForget
· 01-10 08:42
Double bottom is here again, every time they say this time is different, but it turns out the same
If you can't break 0.38, don't even think about it. Volume speaks
It's both technical analysis and risk management. Saying so much, isn't it just gambling?
Honestly, I have no idea how reliable WIF is
Feels like the volume this time is a bit fake, don't be fooled
Every critical point is a slaughterhouse. I've seen enough
Following the chart to operate is the fastest way to die. You should have understood this long ago
Can't even hold 0.31 from last time, and now it's happening again?
If it breaks the level, just break it. Hesitating is the most disgusting
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GateUser-0b84d57c
· 01-09 06:51
ok
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ZkSnarker
· 01-09 02:56
ngl the double bottom thing sounds nice on paper but 0.38 is basically a meme line at this point, everyone and their mom watching it lmao
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AltcoinTherapist
· 01-09 02:54
Double bottoms are indeed interesting, but I'm more concerned about whether the trading volume can really support it. Breaking through 0.38 might be too dependent on the market sentiment.
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Wait, if we can't break 0.38 this time, what if we have to retest 0.31? Has anyone calculated the probability of that?
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Honestly, the charts look good but the market doesn't follow the technicals. Instead of stressing over technical analysis, it's better to manage your stop-losses properly.
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Be cautious when enlarging the volume. Sometimes it signals a genuine breakout, and other times it's just a trap to lure more buyers.
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If 0.38 really breaks, I'll celebrate with some spicy hotpot. If not, I'll pretend I never saw this article.
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ProposalManiac
· 01-09 02:39
The double bottom pattern sounds good, but I have to ask—are the increased trading volumes this time really from new participants entering, or just a few big players moving funds back and forth? History has shown me that when the pattern looks perfect, it's often the easiest time to get caught.
View OriginalReply0
NotFinancialAdvice
· 01-09 02:36
What is the use of a double bottom? I said the same thing last year, and what was the result?
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0.38 can't be broken, just repeated shakeouts, don't be fooled
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Volume increased? I don't see it, maybe I'm blind
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Feels like it's going to fall, just this feeling, if you don't believe it, watch
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Both technical analysis and double bottoms, I've heard it so many times my ears are calloused
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Is this time different? Uh... I've heard that a hundred times already
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If 0.38 really breaks through, I'll go all in, but I bet it won't break out
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No matter what pattern it is, as long as it rises, that's all that matters. Armchair analysis is pointless
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Sounds pretty professional, but I just want to know if it will go up or down tomorrow
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Why do I always buy at the highest point and sell at the lowest? It's so ridiculous
View OriginalReply0
LiquidatedNotStirred
· 01-09 02:34
The double bottom theory is so overused; let's wait until a breakout actually happens.
If it can't break 0.38, don't boast; my wallet has the final say.
Is the trading volume increasing? It might just be the last accumulation before a sell-off.
As for WIF, honestly, I don't even want to look at it anymore.
Why is 0.38 still struggling? Is it really that strong?
Anyway, I don't trust technical analysis anymore; it's all after-the-fact armchair analysis.
Another double bottom, another resistance level—forget it.
Breakout and it soars; failure and it resets to zero—just a 50% gamble.
WIF has recently shown an interesting technical pattern. From the price level of 0.31, a double bottom structure has formed, and it is currently testing the key resistance level at 0.38. Following this is a significant increase in trading volume, which usually indicates an improvement in market participation.
From a purely chart perspective, if 0.38 is truly broken through effectively, there could be a new upward space next. Many traders are paying attention to this critical moment. Of course, no technical analysis is 100% accurate, so it’s important to combine it with your own risk management strategies.
Interested friends can keep an eye on the specific performance at this level and see how the market reacts.