The combination dogwifhat/Tether (WIF/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance line at 0.196 will persist.
Caution: A possible change in the direction of the support level at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.208 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 0.196 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.205 |
| 2nd High | 0.2 |
| Next High | 0.196 |
| Current Price | 0.195000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.196 – 0.2 – 0.205 – 0.172 – 0.179 – 0.185 —
0.194000000 – 0.189000000 —
55.479839493413 – 47.011348532509 —
– —
0.196 – 1780099200
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three White Soldiers – – –