WIF/USDT – 4H – BUYThe combination dogwifhat/Tether (WIF/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance level at 0.196 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 0.172 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Tweezers Bottom’ candle chart pattern is existing. The chart shows ‘Tweezers Bottom’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.205 |
| 2nd High | 0.2 |
| Next High | 0.196 |
| Current Price | 0.191000000 |
| Next Low | 0.172 |
| 2nd Low | 0.171 |
| 3rd Low | 0.167 |
0.196 – 0.196 – 0.2 – 0.172 – 0.179 – 0.185 —
0.189000000 – 0.193000000 —
48.009501208454 – 50.989718720292 —
– —
0.196 – 1780272000
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Tweezers Bottom – – –