The currency pair dogwifhat/Tether (WIF/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance at 0.238 will continue.
Caution: A possible reversal of the trend in the direction of support at 0.23 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.
In addition a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair is likely to rise.
In addition a ‘MACD crosses above signal’ indicator signal is existing. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart signal. The currency pair is likely to rise.
In addition a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Current target is 0.238 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.238 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.246 |
| Next High | 0.238 |
| Current Price | 0.236000000 |
| Next Low | 0.23 |
| 2nd Low | 0.226 |
| 3rd Low | 0.212 |
0.238 – 0.218 – 0.214 – 0.23 – 0.226 – 0.212 —
0.234000000 – 0.234000000 —
49.065266719725 – 41.622978835359 —
– —
0.238 – 1771277400
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – – Double top retreat up – –