Buy WIF/USDT – 1H – BUY

The currency pair dogwifhat/Tether (WIF/USDT) jumps from the bearish trendline up.

An ascending movement up to the next resistance at 0.1729 will persist.

Caution: A possible counter-trend in the direction of the support zone at 0.1411 could happen.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Three Outside Up’ candle pattern is found. The candles form ‘Three Outside Up’. 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 Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 0.1804
2nd High 0.1801
Next High 0.1729
Current Price 0.152000000
Next Low 0.1411
2nd Low
3rd Low

0.1729 – 0.1687 – 0.1647 – 0.1411 – 0.1537 – 0.1601 —
0.148300000 – 0.149600000 —
40.003132415835 – 43.766580989104 —
– —
0.1729 – 1782136800

Trading Signals:

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