The combination dogwifhat/Tether (WIF/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 0.16 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 0.156 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
Also there is a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. which 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 likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.1663 |
| 2nd High | 0.1648 |
| Next High | 0.16 |
| Current Price | 0.158900000 |
| Next Low | 0.156 |
| 2nd Low | 0.1521 |
| 3rd Low | 0.1446 |
0.16 – 0.156 – 0.1557 – 0.156 – 0.1521 – 0.1446 —
0.158000000 – 0.157500000 —
53.165706158551 – 55.0891803423 —
– —
0.16 – 1781199000
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three White Soldiers – – –