The currency pair dogwifhat/Tether (WIF/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance line at 0.182 is certain.
Caution: A possible change in the direction of the support level at 0.164 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair could go up.
And also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.1715 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 0.182 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.219 |
| 2nd High | 0.183 |
| Next High | 0.182 |
| Current Price | 0.168000000 |
| Next Low | 0.164 |
| 2nd Low | 0.163 |
| 3rd Low | 0.161 |
0.182 – 0.173 – 0.166 – 0.164 – 0.165 – 0.163 —
0.166000000 – 0.166000000 —
44.376581028577 – 46.800872509415 —
– —
0.182 – 1773408600