The currency pair dogwifhat/Tether (WIF/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 0.1545 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 0.142100000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.
Additionally a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 0.1545 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.1545 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three White Soldiers’ chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.159 |
| 2nd High | 0.1572 |
| Next High | 0.1545 |
| Current Price | 0.152700000 |
| Next Low | 0.142100000 |
| 2nd Low | 0.1368 |
| 3rd Low |
0.1478 – 0.1446 – 0.1545 – 0.142100000 – 0.1368 – 0.1371 —
0.144900000 – 0.150600000 —
49.578706359354 – 65.229978412246 —
0.142100000 – 1782478800 —
0.1478 – 1782459000
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three White Soldiers – – –