The currency pair dogwifhat/Tether (WIF/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance at 0.23 is likely expected.
Caution: A possible change in the direction of the support level at 0.192 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three White Soldiers’ chart pattern is detected. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.266 |
| 2nd High | 0.239 |
| Next High | 0.23 |
| Current Price | 0.195000000 |
| Next Low | 0.192 |
| 2nd Low | 0.18 |
| 3rd Low |
0.23 – 0.239 – 0.266 – 0.192 – 0.213 – 0.203 —
0.215000000 – 0.192000000 —
47.609928357738 – 29.815983471127 —
– —
0.23 – 1772049600
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three White Soldiers – – –