The combination dogwifhat/Tether (WIF/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.1804 is likely expected.
Caution: A possible trend reversal in the direction of support at 0.155 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Outside Up’ chart pattern is found. The candles show ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.197 |
| 2nd High | 0.196 |
| Next High | 0.1804 |
| Current Price | 0.169300000 |
| Next Low | 0.155 |
| 2nd Low | 0.1544 |
| 3rd Low | 0.1521 |
0.1626 – 0.1636 – 0.1598 – 0.155 – 0.1578 – 0.1597 —
0.167600000 – 0.167200000 —
66.528929732738 – 56.463252446902 —
– —
0.1626 – 1781386200
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three Outside Up – – –