Posted 4/6/2024, 9:15:54 AM
Trader Predicts Major Correction for Dogwifhat After Massive Rally, Cautious on Solana
- Trader Bluntz issues bearish warning on dogwifhat (WIF), predicting 69% drop after huge 69,000%+ rally
- Bluntz believes WIF has completed a 5-wave Elliott Wave pattern, signaling impending ABC correction
- Forecasts WIF falling to around $1, which aligns with 0.786 Fibonacci retracement level
- Also issues tempered forecast for Solana (SOL), predicting 7% drop to $160
- Bluntz shares technical analysis and price predictions on X social media platform with 253,400 followers
