WAL has already broken out of the bearish wedge pattern on the daily chart, forming a solid candlestick. It is currently in the retest phase. If this retest successfully confirms support, a short-term increase of 100-120% is expected. From a technical perspective, the breakout strength is quite good; as long as the retest does not break the key support, this trading idea is still worth paying attention to. The next few days' movement will be crucial, so stay observant.
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MetaverseHomeless
· 10h ago
What to do if the backtest breaks? All these analyses ultimately turn out to be armchair strategizing.
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BlockImposter
· 12h ago
Backtests all need to break through, stop messing around, buddy.
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StablecoinAnxiety
· 12h ago
It's the hardest to endure during a backtest breakdown. Can we hold on this time?
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ContractSurrender
· 12h ago
Backtesting is only meaningful if it doesn't break; otherwise, it's just empty promises.
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HashBandit
· 12h ago
ngl the retest is where it always falls apart... seen this movie too many times back in my mining days. 100-120% sounds juicy but that support's gonna get absolutely rekt if we see any network congestion spike or whale dump. staying skeptical til it actually holds lol
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BlockchainBard
· 12h ago
I've seen too many breakouts during backtesting; it's rare to withstand this time.
WAL has already broken out of the bearish wedge pattern on the daily chart, forming a solid candlestick. It is currently in the retest phase. If this retest successfully confirms support, a short-term increase of 100-120% is expected. From a technical perspective, the breakout strength is quite good; as long as the retest does not break the key support, this trading idea is still worth paying attention to. The next few days' movement will be crucial, so stay observant.