The combination dogwifhat/Tether (WIF/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance level at 0.171 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.1539 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three White Soldiers’ candle pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.1799 |
| 2nd High | 0.1764 |
| Next High | 0.171 |
| Current Price | 0.160900000 |
| Next Low | 0.1539 |
| 2nd Low | 0.1368 |
| 3rd Low |
0.171 – 0.1764 – 0.1799 – 0.1539 – 0.1673 – 0.1705 —
0.157300000 – 0.159300000 —
37.125846959405 – 50.479179780792 —
– —
0.171 – 1783440000
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three White Soldiers – – –