The pair dogwifhat/Tether (WIF/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance line at 0.1586 will persist.
Caution: A possible trend reversal in the direction of support at 0.1556 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three White Soldiers’ chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.1764 |
| 2nd High | 0.171 |
| Next High | 0.1586 |
| Current Price | 0.160900000 |
| Next Low | 0.1556 |
| 2nd Low | 0.1539 |
| 3rd Low | 0.1421 |
0.1586 – 0.171 – 0.1764 – 0.1556 – 0.1539 – 0.1654 —
0.159100000 – 0.160600000 —
54.285579615276 – 64.42916619479 —
– —
0.1586 – 1783519200
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three White Soldiers – – –