The pair dogwifhat/Tether (WIF/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance at 0.198 will persist.
Caution: A possible change in the direction of the support level at 0.171 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 0.227 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 0.198 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘Three White Soldiers’ candle chart pattern is found. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.227 |
| 2nd High | 0.205 |
| Next High | 0.198 |
| Current Price | 0.242000000 |
| Next Low | 0.171 |
| 2nd Low | 0.167 |
| 3rd Low | 0.161 |
0.198 – 0.184 – 0.205 – 0.171 – 0.172 – 0.175 —
0.194000000 – 0.201000000 —
56.050857459792 – 67.989715221861 —
– —
0.198 – 1777651200
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –