Buy WIF/USDT – 1H – BUY

The pair dogwifhat/Tether (WIF/USDT) breaks through the descending trendline up.

A bullish movement up to the next resistance level at 0.23 is considered certain.

Caution: A possible trend reversal in the direction of the support line at 0.192 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.

Also there is a ‘Bullish Belt Hold’ candle pattern is existing. The chart forms ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

Support & Resistance Price Range*
3rd High 0.239
2nd High 0.234
Next High 0.23
Current Price 0.186000000
Next Low 0.192
2nd Low 0.18
3rd Low

0.23 – 0.206 – 0.203 – 0.192 – 0.193 – 0.197 —
0.204000000 – 0.188000000 —
39.658031417676 – 24.185463118339 —
– —
0.23 – 1772053200

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