The currency pair dogwifhat/Tether (WIF/USDT) jumps from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 0.1801 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.1644 should be noted.
Consider stop-loss settings accordingly.
And also a ‘StochRSI %K crosses above 0.2’ indicator signal is existing. The indicator is ‘StochRSI %K crosses above 0.2’. which is often a bullish chart scenario. The currency pair could go up.
And also a ‘Bullish Engulfing’ chart pattern is found. The candles show ‘Bullish Engulfing’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.196 |
| 2nd High | 0.1804 |
| Next High | 0.1801 |
| Current Price | 0.168700000 |
| Next Low | 0.1644 |
| 2nd Low | 0.155 |
| 3rd Low | 0.1544 |
0.1801 – 0.1724 – 0.1754 – 0.1644 – 0.1644 – 0.155 —
0.175600000 – 0.169800000 —
58.716310895509 – 37.413903520228 —
– —
0.1801 – 1781663400
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Bullish Engulfing – – –