The combination dogwifhat/Tether (WIF/USDT) breaks through the descending trendline up.
A bullish trend up to the next resistance at 0.1799 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.173 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three Outside Up’ candle chart pattern is detected. The candles form ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.1842 |
| 2nd High | 0.1828 |
| Next High | 0.1799 |
| Current Price | 0.171300000 |
| Next Low | 0.173 |
| 2nd Low | 0.1705 |
| 3rd Low | 0.1689 |
0.1799 – 0.1764 – 0.1828 – 0.173 – 0.1732 – 0.1705 —
0.174100000 – 0.169300000 —
37.263794296995 – 23.038441765444 —
– —
0.1799 – 1783292400
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three Outside Up – – –