The combination dogwifhat/Tether (WIF/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance line at 0.1647 will continue.
Caution: A possible change in the direction of the support level at 0.1603 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart signal. The pair is likely to go up.
Also there is a ‘StochRSI Hidden Bullish Divergence’ indicator signal is detected. The indicator shows ‘StochRSI Hidden Bullish Divergence’. which is often a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.16425 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.1647 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Outside Up’ chart pattern is detected. The candles form ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.169 |
| 2nd High | 0.167 |
| Next High | 0.1647 |
| Current Price | 0.162100000 |
| Next Low | 0.1603 |
| 2nd Low | 0.1593 |
| 3rd Low | 0.159 |
0.1647 – 0.167 – 0.169 – 0.1603 – 0.1593 – 0.159 —
0.162900000 – 0.161300000 —
53.987462671608 – 44.233787109535 —
– —
0.1647 – 1781875800
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three Outside Up – – –