WIFUSD trade ideas
$WIF: Uptrend signal activeNice signal in SEED_WANDERIN_JIMZIP900:WIF here, the trend in the daily timeframe has been bullish since April 18th, and has been giving us multiple continuation signals to trade in and out, or scale in with low risk as we move the stop higher if playing it longer term.
If prices hold above recent lows, we can see a close to 50% run from here within a week give or take.
Best of luck!
Cheers,
Ivan Labrie.
WIF - DEEP Positional EntryWIF #108
Meme coins have been decimated since November and dogwifhat was recently down a whopping 92% since November high.
This coin was a pump chaser favourite this time last year and if it pumps again then it could yield significant multipliers from down here.
It recently had a small bounce from the 1:1.618 Golden Window extension.
This extension is often but not always a significant ratio band.
For example it was a similar distributive extension that captured the TOTAL low for this cycle:
But this is still quite dangerous here because the downtrend is unbroken and we're only seeing the early signs of crypto potentially warming up.
In addition stock indexes look very dangerous and if they dump then a dog coin like this will go tumbling down.
But I think the signs are that crypto really is coming out of a high time frame correction...
So an ideal positional buy may be possible here.
And I may add more if we continue to see positive signs in crypto.
I dont like to hold too much meme coins but I think it can be good to own some because they can pump very hard when the time is right.
I bought some here ✨.
Not advice
WIF is ready for a comeback!!! $10 in 2025A long now in BINANCE:WIFUSDT.P with stop loss at the lows and with the idea that it will claim the key value of $0.55 in the next few days.
Next important level 0.8, then if it reclaims 1.5 we are on our way to new highs.
Massive RR
-If it makes new lows we probably have to wait for another capitulation that could take us to 0.17 or lower.
WIF/USD * Daily TF EWP TC FIB AnalysisAnalysis of WIF/USD Chart Using Elliott Wave Theory
1. Elliott Wave Count & Structure:
The chart follows a clear Elliott Wave multi zigzag structure.
The impulse wave peaked at around $4.86, marking a significant high.
The correction followed in a three-wave ABC structure, which seems to have found support at a key Fibonacci level (0.618 - 0.65 retracement).
2. Trend Channel & Key Support Levels:
A parallel trend channel is visible, where price has bounced off the lower boundary, indicating strong support. Key support zone around 55¢, which aligns with the lower boundary of the trend channel.
3. Potential Price Targets & Future Projections:
The bullish scenario suggests a Wave Y target above $30 (potentially $36).
The large green box in the upper right suggests a potential high-reward zone, likely driven by a new impulse wave (Wave Y).
4. RSI Indicator & Momentum Shift:
RSI was previously oversold but is now turning upwards, indicating potential momentum recovery. A break above the 50 RSI level would confirm bullish continuation.
According to cryptonews.com : The biggest meme coin sensation in 2024!
Be careful with meme coins
So let you guide by BTC and VIX if you want to invest in this coin.
WIFUSD targeting $3.00 on this Channel Down bottom signal.Dogwifhat (WIFUSD) has been trading within a Channel Down pattern on the 1W time-frame, which on the greater scale looks like a giant Bull Flag. Regardless of that, the price almost hit the pattern's bottom (Lower Low trend-line) and with the 1W RSI stabilizing like on the August 05 2024 Low, we should now see that start of its technical Bullish Leg.
The previous Bullish Leg reached marginally above the 0.786 Fibonacci retracement level, so our current Target is $3.000.
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WIF - Post Inauguration Chart Wif on the weekly is forming a bottoming pattern. After our double top right below $5 we have completed our measured move to the downside and price is now testing our weekly support level.
Our weekly support level has showed very strong support in the past and is continuing to show buying pressure at this level.
Price also formed a reversal doji last week and this week could be forming a wick off bottom. This is one of my favorite patterns to trade when we form a doji and follow it with a wick off bottom to sweep the lows for liquidity.
If we see a massive weekly reversal here the first major level to watch would be around the $3.10 level (0.618) followed by of course the double to level right below $5.
WIFUSD: Oversold setup with Bullish DivergenceWIFUSD is shaping up for a bullish reversal! Here's what I’m seeing:
1️⃣ RSI is below 30, indicating oversold conditions.
2️⃣ Stoch RSI (SRSI) is below 20, further confirming oversold territory.
3️⃣ RSI Bullish Divergence suggests momentum is shifting upward.
4️⃣ SRSI Hidden Bullish Divergence adds strength to the setup.
Price is sitting on major support around $1.37, making this a key level to watch. If the market respects this level, we could see a strong bounce from here. My short-term target is , while I’d place a stop-loss below support at $1.30 to manage risk.
What do you think? Will WIFUSD bounce here? Let me know in the comments! 📊💬
Las locuras de DoggieThis is the account that occurs to me so far as valid.
An initial 1-2 and a particularly long correction WXY, which would be ending in the last 5.
Alternatively: (in gray) the second hump can also be counted as 1-2 (I have a hard time finding evidence for one or the other). It would also be finishing with the last 5 and it would be the beginning of 3 of 3.
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Esta es la cuenta que se me ocurre hasta ahora como valida.
Un 1-2 inicial y una correccion particularmente larga WXY, que estaria terminando en el ultimo 5.
Alternativamente: (en gris) la segunda joroba peude contarse tambien como 1-2 (me cuesta encontrar evidencias de una u otra cosa). Tambien estaria terminando con el ultimo 5 y seria el inicio de 3 de 3.
The thesis is simple, The dog simply has a hat. $WIFOne of the most incredible communities in the solana ecosystem, dogwifhat may be the most hated rally when it comes, it’s been suppressed forever. I do think 49~57$ is plausible as supply moves from existing holders to long term believers. Short term targets, 9~10$ mid range 17~20$
The thesis is simple, The dog simply has a hat. $WIFOne of the most incredible communities in the solana ecosystem, dogwifhat may be the most hated rally when it comes, it’s been suppressed forever. I do think 49~57$ is plausible as supply moves from existing holders to long term believers. Short term targets, 9~10$ mid range 17~20$
WIFUSD There is no better time to buy it than now.DOGWIFHAT / WIFUSD is trading inside a Channel Up everu since the August 5th bottom.
The price is right now around the 1day MA50 and above the 1day MA100, just at the bottom of the Channel Up.
The 1day MA100 formed the previous Higher Low of November 4th, which was marginally under the Channel.
Technically this is the best level to enter a buy, seeing also the 1day CCI oversold, which was a strong buy signal twice inside this pattern.
Buy and target 4.700 (+80.92% rise).
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