The combination dogwifhat/Tether (WIF/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance at 0.28 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.171 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three White Soldiers’ candle pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. 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 | 0.436 |
| 2nd High | 0.348 |
| Next High | 0.28 |
| Current Price | 0.226000000 |
| Next Low | 0.171 |
| 2nd Low | 0.167 |
| 3rd Low | 0.161 |
0.28 – 0.198 – 0.184 – 0.171 – 0.172 – 0.175 —
0.225000000 – 0.220000000 —
70.867003401194 – 61.168460553923 —
– —
0.28 – 1778040000
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three White Soldiers – – –