The currency pair dogwifhat/Tether (WIF/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance level at 0.23 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 0.18 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three White Soldiers’ chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.239 |
| 2nd High | 0.234 |
| Next High | 0.23 |
| Current Price | 0.195000000 |
| Next Low | 0.18 |
| 2nd Low | |
| 3rd Low |
0.23 – 0.206 – 0.203 – 0.192 – 0.193 – 0.197 —
0.187000000 – 0.189000000 —
22.543163006036 – 38.785665466754 —
– —
0.23 – 1772053200
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three White Soldiers – – –