The pair dogwifhat/Tether (WIF/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance line at 0.1619 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.1562 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Furthermore a ‘MACD crosses above signal’ indicator signal is existing. The indicator is ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair is likely to rise.
Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.
Furthermore a ‘Three White Soldiers’ candle chart pattern is detected. The candles form ‘Three White Soldiers’. this is a bullish 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.1663 |
| 2nd High | 0.1648 |
| Next High | 0.1619 |
| Current Price | 0.159400000 |
| Next Low | 0.1562 |
| 2nd Low | 0.1544 |
| 3rd Low | 0.1521 |
0.1619 – 0.16 – 0.156 – 0.1562 – 0.1544 – 0.156 —
0.157900000 – 0.157700000 —
47.622798142952 – 47.988080837274 —
– —
0.1619 – 1781276400
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three White Soldiers – – –