WIF/USDT – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.2055 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.23 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Bullish Belt Hold’ candle chart pattern is existing. The candles form ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.234 |
| 2nd High | 0.233 |
| Next High | 0.23 |
| Current Price | 0.198000000 |
| Next Low | 0.181 |
| 2nd Low | 0.18 |
| 3rd Low |
0.192 – 0.23 – 0.201 – 0.181 – 0.183 – 0.2 —
0.195000000 – 0.194000000 —
54.895070207055 – 55.671936385299 —
– —
0.192 – 1772287200
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Bullish Belt Hold – – –