The pair dogwifhat/Tether (WIF/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 0.1561 will persist.
Caution: A possible counter-trend in the direction of the support level at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.
Furthermore a ‘Three White Soldiers’ chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. 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 | 0.1608 |
| 2nd High | 0.1575 |
| Next High | 0.1561 |
| Current Price | 0.155600000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.1561 – 0.1575 – 0.1552 – 0.15 – 0.1489 – 0.1473 —
0.153500000 – 0.154600000 —
49.277470487885 – 55.4566286871 —
– —
0.1561 – 1784214000
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three White Soldiers – – –