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WIFUSDT

WIF looks bearishThe large structure looks like a diametric that is now in wave D of this large diametric. Wave D itself looks like an ABC, we are now in wave b of D. Wave b also seems to be a diametric that we are now in wave e of this diametric. We have specified the fluctuations we expect from WIF on the chart. By maintaining the red range, it can drop further down. We are looking for sell/short positions in the red range. The targets are clear on the chart. Closing a daily candle above the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Short
by behdark
4
WIF/USDT 4HOUR CHART UPDATE !!Hello friends, welcome to this WIF/USDT update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the WIF/USDT 4-HOUR update. Currently, WIF is traversing within the confines of a symmetrical triangle pattern. Recent price action indicates rejection from the resistance trendline, where both the MA 100 and the Ichimoku cloud have acted as formidable barriers. The Relative Strength Index (RSI) is positioned within the neutral zone, signaling a state of equilibrium between buying and selling pressures. As the price oscillates within this geometric formation, investors and traders are advised to exercise patience and await a decisive breakout or breakdown of the triangle, as this will confirm WIF's next directional move. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
Coinbase Set to Launch Dogwifhat ($WIF) Perpetual FuturesCoinbase, a leading cryptocurrency exchange, has announced plans to expand its derivatives offerings by launching Dogwifhat ( CRYPTOCAP:WIF ) perpetual futures for non-U.S. customers on April 25, 2024. The move is aimed at widening the range of products offered by the exchange, particularly in the derivatives market, which has experienced robust growth over the past few months. This follows Coinbase's approval last year to offer these products to non-U.S. customers in selected jurisdictions, allowing the exchange to expand its derivatives offerings into a sector that is becoming increasingly attractive to traders seeking to capitalize on the volatility of the cryptocurrency markets. The interest in cryptocurrency derivatives is growing, reflecting the need for more diverse and sophisticated trading tools, which Coinbase seeks to meet with its latest offerings. According to a report, derivatives trading volumes increased by 86.5% in the last month, amounting to a total of $6.18 trillion. Dogwifhat ( CRYPTOCAP:WIF ) perpetual futures trading will commence on April 25, 2024, at 9:UTC 30 for non-U.S. customers. The move is expected to attract many traders, given the recent performance of the meme coin. The main factor for its demand and volatility is its listing on large exchanges and the recovery of the overall cryptocurrency market. Upon the news of the futures trading, Dogwifhat rose from $2.26 to $2.65, with a marked increase in its 24-hour trading volume. Coinbase has received a partial nod to provide cryptocurrency futures trading for U.S. retail investors through Coinbase Advanced, having undergone strict evaluation by American authorities. The National Futures Association in the U.S. granted its approval to Coinbase, which is a milestone in offering diversified trading options to clients amidst the tough regulatory environment in the country. Overall, the announcement of the CRYPTOCAP:WIF perpetual futures launch on Coinbase Global Exchange and Coinbase Pro is expected to stimulate high trading activity in Dogwifhat ( CRYPTOCAP:WIF ). Traders and investors are closely monitoring the market dynamics, which could result in a bullish period for both the meme coin and Coinbase's derivatives market strategy.
Long
by DEXWireNews
WIF looks bearishNote: The volatility of this shit coin is high Considering that the trendline has been lost and we have a bear CH on the chart and the resistance range is strong, this bullish movement is expected to be a pullback. The targets are clear on the chart. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Short
by behdark
1
WIFUSDT 4HInterval Chart ReviewHello everyone, let's take a look at the 4H WIF to USDT chart as we can see that the price is recovering but still above the uptrend line. Let's start by setting goals for the near future that we can include: T1 = $4.17 T2 = $4.83 AND T3 = $5.91 Now let's move on to the stop-loss in case of further market declines: SL1 = $3.66 SL2 = $3.23 SL3 = $2.55 AND SL3 = $2.55 Looking at the RSI indicator, you can see that the local upward trend line has been broken with room for further recovery. However, the STOCH indicator also confirms a strong downward movement and there is also room for the price to go lower, which indicates extreme caution.
by cryptodailyuk
Frog or Still Dog----WIFMeme coins are the main topic of March. Various animals appear on different chains and create a frenzy. With the strong performance of the Solana ecosystem, WIF surpassed PEPE last week and reached the third place in the market cap ranking of meme coins. In this process we discovered a very interesting pattern. When new meme coins appear and quickly accumulate value, it is easier to affect the old ones. For example, PEPE appeared in May 2023 and rose rapidly. During the same period, the prices of DOGE and SHIB both fell by 25%. In mid-March 24, when WIF continued to refresh ATH, PEPE, SHIB, and DOGE were all affected. This is explained. Because many meme coins are not supported by actual business. When no funds enter the market, the size of this pancake is fixed, and new coins will divide the share of old ones. After DOGE and SHIB have developed basic businesses, we don't think WIF will threaten these two, but for the frog, the dog in the hat may suppress it for a long time. For meme coins, price changes are not supported by fundamentals, which is more beneficial for our indicators. This is why you can see from the indicator area that the TSB indicator almost captures the main profit when WIF is widely spread, calmly identifying the starting point of the rise. And the TSB indicator allows you to take long profits at the high point of the rebound (red vertical line), or prompts a long signal (green vertical line) before the rise breaks through the high point to amplify profits Whether it's a frog, a cat or a dog next, the TSB indicator will take them all. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by sypool-AI-TradeGenius
1
Which Way Will It Swing?WIF , also known as Dogwifhat, is making waves as a new meme cryptocurrency. On the 1-hour chart, it's sitting just under a tough resistance point, which is the price level it needs to break to continue its climb. This resistance has been tested before, and the price hasn't been able to push through yet. On the indicator side, the Stochastic Oscillator is suggesting that WIF might be sold more than it should be right now, hinting that a price increase could be on the horizon if traders take this as a buying signal. However, there's a bit of caution from the MACD indicator. While it shows that the trend has been up, the decreasing histogram points to the momentum slowing down a bit. This tells us that the strong buying push that WIF experienced recently is starting to lose some power. It doesn't mean the price will definitely fall, but it's a sign that the rapid rise might take a breather. The RSI is sitting at a comfortable middle ground, neither indicating an overbought nor an oversold condition. This neutral stance suggests that the market isn't leaning heavily in one direction. What we're seeing is a balance between buying and selling pressures. Combining these indicators, the current scenario for WIF is a standoff between the potential for further growth and a possible need for the price to take a break and stabilize. Traders might be watching for a sustained increase in volume, which would support a push through the resistance level, or a fall in volume, which could see the price retract to stronger support levels where it has stopped falling before. In simpler terms, WIF is at a spot where its next move is not clearly defined by the indicators, and it could either break out and rise if there's enough buying interest or dip to find support if the sellers take over. Watching the volume and news for any developments that could sway market sentiment will be crucial for anyone trading WIF. Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts, and share it with your friends.
by MonoCoinSignal
WIFUSDT.1HOn the WIF/USDT chart, we see a currency that's experienced some volatility, creating a series of peaks and troughs. The price is currently in a transitional phase, as indicated by several technical elements: Ichimoku Cloud: The price is currently below the Ichimoku Cloud, suggesting a bearish outlook. The Cloud could act as resistance if the price attempts to rise. Resistance (R1): A potential resistance level has been plotted at around 3.1357 USDT. If the price were to rally, it might encounter selling pressure near this level. Support (S1): The identified support level at 2.0365 USDT might provide a floor for the price if it continues to fall. RSI (Relative Strength Index): It's at a moderate level around 59.78, indicating that there's neither excessive buying nor selling pressure at the moment. MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, suggesting bearish momentum, although the histogram shows the momentum is not aggressively bearish. Given the price's position below the Ichimoku Cloud and the bearish MACD, the sentiment seems to lean towards the downside. However, with the RSI not at extremes, there might be room for some price recovery or sideways movement. Watching for any potential crossover in the MACD or an increase in the RSI could provide early signs of a change in trend. It's essential to integrate such technical insights with broader market analysis for informed trading decisions.
by MarsSignals
1