The currency pair dogwifhat/Tether (WIF/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.1804 is certain.
Caution: A possible trend reversal in the direction of support at 0.155 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three Outside Up’ candlestick chart pattern is detected. The candles show ‘Three Outside Up’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.197 |
| 2nd High | 0.196 |
| Next High | 0.1804 |
| Current Price | 0.169700000 |
| Next Low | 0.155 |
| 2nd Low | 0.1544 |
| 3rd Low | 0.1446 |
0.1636 – 0.1619 – 0.16 – 0.155 – 0.1544 – 0.1446 —
0.166400000 – 0.167500000 —
71.241843265406 – 70.707615949844 —
– —
0.1636 – 1781352000
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three Outside Up – – –