Buy WIF/USDT – 1H – BUY

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

An ascending movement upwards to the next resistance level at 0.169 is certain.

Caution: A possible counter-trend in the direction of support at 0.159 should be noted.
Consider stop-loss settings accordingly.

Moreover a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. which could be a positive signal. The currency pair could go up.

Moreover a ‘Three Outside Up’ candle pattern is existing. The chart shows ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 0.1804
2nd High 0.1801
Next High 0.169
Current Price 0.164200000
Next Low 0.159
2nd Low 0.155
3rd Low 0.1544

0.169 – 0.1801 – 0.1724 – 0.159 – 0.1627 – 0.1644 —
0.164500000 – 0.160800000 —
37.75394203641 – 37.563537358801 —
– —
0.169 – 1781787600

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals