The pair dogwifhat/Tether (WIF/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance line at 0.266 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 0.18 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three White Soldiers’ chart pattern is detected. The candles show ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. 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 | 0.436 |
| 2nd High | 0.348 |
| Next High | 0.266 |
| Current Price | 0.209000000 |
| Next Low | 0.18 |
| 2nd Low | |
| 3rd Low |
0.266 – 0.348 – 0.436 – 0.18 – 0.225 – 0.308 —
0.219000000 – 0.210000000 —
35.268841012373 – 31.35467596871 —
– —
0.266 – 1770148800
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three White Soldiers – – –