WIF/USDT – 4H – BUY

The pair dogwifhat/Tether (WIF/USDT) breaks through the bearish trendline upwards

A bullish ascent upwards to the next resistance level at 0.196 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.1723 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.196 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three White Soldiers’ chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

0.196 – 0.196 – 0.196 – 0.1446 – 0.1494 – 0.172 —
0.163600000 – 0.157300000 —
57.369042172657 – 45.165577819332 —
– —
0.196 – 1780516800

Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three White Soldiers – – –