#WIF/USDT#WIF
The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern and was broken to the upside.
We have a bounce from a major support area in green at 1.50
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward.
Entry price is 1.90
The first goal is 2.32
Second goal 2.68
Third goal 3.10
WIFUSDT
WIF Trade Setup#WIF in the hourly timeframe is holding support at $1.655. A bounce back, followed by a breakout above the $1.77 resistance, will most likely set a bullish trend aiming for a decent 20% gain.
- Entry: $1.655 to CMP.
- Stop loss: $1.5448.
- Leverage: 3x to 5x.
- Targets: $1.77, $1.87, $1.98, $2.05.
Make sure you do your own research before investing.
Regards,
Team Dexter.
#wif #cryptomemes
WIF ANALYSIS (1D)WARNING: This symbol has high volatility, it is better to scalp on this symbol
This famous symbol of Solana network seems to have entered the correction.
From where we placed the red arrow on the chart, it seems that the WIF correction has started.
Correction looks like a complex pattern like diametric.
We are looking for sell/short positions in the red range and buy/long positions in the green range.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
WIFUSDT(dogwifhat) Daily tf Range Updated till 01-07-24WIFUSDT(dogwifhat) Daily timeframe range. fairly new PA here as of that it got good amount of trading opportunity from both sides. free money if one can catch those setups. for now trying to get over 2.3197 need a valid close for that to move forward. local retrace point at 1.5733.
WIF/USDT BREAKOUT DONE! READY FOR A 40% PUMP!!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis.
WIF/USDT breaks out from the inverse head&shoulder pattern in 4hr time frame. After this breakout we can expect a good 35-40% rally from here. Long some here and add more in the dip.
Entry range:- $2.16-$2.28
Targets:- $2.46/$2.72/$3.06
SL:- $2.06
Lev:- Use low leverage (Max 5x)
WIF to 10Billion USD Market Cap⛑️WIF is more than just a dog wearing a hat; These are the famous words on the website of dogwifhat.
Just like BYBIT:BONKUSDT , WIF is shaping a new era in finance and technology on Solana chain.
This is another meme token on Solana and idea is simple bring as much traffic as possible to the Solana Chain. That's why Binance listed Wif after it made more than 500x. This token first need to make a correction around %70 to %80 before doing anything proper. I might be wrong to take a short position from here but at one moment that correction is needed for a healty growth.
As CRYPTOCAP:SOL reach new highs like $500 $800 in this year. This meme token will bring as much people as possible to the chain.
That's what I think when everything go into the Euphoric phase. I'm just a simple TA guy learning and testing new ideas. This token won't make you millioner. It's just a simple token to have fun.
💸: If the price hits to this Emoji on the chart, I will make my purchases in 3 different times.
Please always dyor and I'm not your financal advisor and this is not a financial advise. If it does not work for me I have nothing to to lose as I put my buy orders to the %70 correction line. This token already made 1000x + more. Please be careful.Good luck.
Will update it time to time. Let me know what you think of it.
WIF: Channel Up BreakoutTrade setup : Trends are mixed. Price had a bearish breakout from a Channel Up pattern, which could be followed by further weakness and downside risk to $2.00 support.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) - initiate a trade when the price breaks through the channel's trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Strong Down, Medium-term trend is Neutral and Long-term trend is Down.
Momentum is Bearish but inflecting. MACD Line is still below MACD Signal Line but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing an upswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $2.00. Nearest Resistance Zone is $3.50, then $4.20.
WIFUSDTHi guys
For now, the trend is fluctuating between the two ranges.
If the support area of $3.0488 is completely consumed, the possibility of the continuation of the downward trend and the touching of the medium-term uptrend line will be strengthened.
At the moment, it seems that the weight of the downside scenario is more.
What do you think?
WIF: Channel UpTrade setup : Price is in an Uptrend, trading in a Channel Up pattern. Swing Traders can trade the channel: enter near channel support trendline and exit near channel resistance trendline. Near-term upside potential to $4.25.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) - initiate a trade when the price breaks through the channel's trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Strong Up, Medium-term trend is Strong Up and Long-term trend is Strong Up.
Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $2.00. Nearest Resistance Zone is $3.50, then $4.20.
$WIF LONG - 2021 $DOGE vs 2024 $WIFCRYPTOCAP:WIF is the 2024 version of 2021 CRYPTOCAP:DOGE , except even better (wif a hat)
similar chart structure
strong advance up similar to CRYPTOCAP:DOGE , leading to ~3 month re-accumulation, targeting the same fib (14.618) which would be a 10x from here at ~ SGX:40B market cap ($42.069B market cap for the memes)
would not fade the hat, this is the strongest meme coin on CRYPTOCAP:SOL , CRYPTOCAP:SOL is the strongest blockchain in the space, with all the mindshare currently.
have been in this coin since december, at prices less than $0.10, and have added to my bags in this range.
NFA GL HF.
HAT. STAYS. ON.
-@CryptoCurb
Dogwifhat ($WIF) Has Recorded 12% Gains for The 2nd Day in a RowDogwifhat ( CRYPTOCAP:WIF ) has recorded 12% gains for the second day in a row, with daily trading volume crossing $1.5 billion in the latest rally. The number of CRYPTOCAP:WIF holders increased by 6.7% in the past 30 days. If the price closes above the $4 mark, it could confirm a bullish breakout, potentially driving CRYPTOCAP:WIF to new highs above $5 by the end of the month.
Dogwifhat's ( CRYPTOCAP:WIF ) market cap has soared past $4.0 billion, and daily trading volumes have surged by 30%. In the past seven days, CRYPTOCAP:WIF has demonstrated remarkable performance, being 15 times stronger than $ETH. Over the past 30 days, CRYPTOCAP:WIF saw a 6.7% increase in the number of token holders, indicating that investors are buying the dip. Additionally, the token experienced a positive net flow, with $162 billion in buying volume compared to $158.8 billion in selling volume.
The Dogwifhat ( CRYPTOCAP:WIF ) price surged more than 30%, nearing the $4 mark, just 12% shy of its all-time high. Given the current market trend, it seems the bulls maintain a strong hold on the rally, potentially driving the price to test the current ATH soon. To confirm a bullish breakout near the current ATH of approximately $4.65, the price needs to close the daily trade above the ascending trend line around $4. Market sentiment continues to favor crypto, with volume remaining under bullish influence.
The Dogwifhat price ( CRYPTOCAP:WIF ) is expected to stay elevated in the coming days, with a fresh bullish push towards new highs above $5 by the end of the month.
WIF - Pump is about to startBINANCE:WIFUSDT (1D CHART) Technical Analysis Update
WIF is currently trading at $3.74 and showing overall bullish sentiment. Price has broke out from the triangle and the resistance zone which is a bullish sign.
We can expect a minor traceback and then continue the pump.
Entry level: $ 3.74
Stop Loss Level: $ 2.67
TakeProfit 1: $ 4.5
TakeProfit 2: $ 5.4
TakeProfit 3: $ 7.2
TakeProfit 4: $ 8.8
TakeProfit 5: 10.6
Max Leverage: 5x
Position Size: 1% of capital
Don't forget to keep stop loss.
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Cheers
GreenCrypto