WIF deez nutzGo outside and take a wif, the sun is shining. Buy WIF Coin, its worthless but at least hes wearing a hat.
Buy from 1.4 to 2.1.
WIFUSDT trade ideas
WIF — Trade Setups Don't Have To Be Complex!The current WIF chart provides a super straightforward picture. Overall, we have three areas to watch:
1️⃣ $1.5 — Main support level. The drop on Monday pushed the price below this level. However, WIF recovered quickly and is already back above!
2️⃣ $2.25 - $2.30 — The middle band that has been acting as support and resistance during the last 5 months.
3️⃣ $3.20 — The upper resistance of the channel. Breaking above this level is a crucial step to reaching a new ATH.
From a trading perspective, this is a rather simple setup. You don't need any technical indicators and can set up your strategy based solely on the support and resistance levels. Of course, it is crucial to set the stop loss slightly below the respective level.
As already mentioned, WIF has reconquered the lower support line. Accordingly, there is a good chance (especially when we see a confirmation today) that WIF is heading towards the middle band.
WIF Trade SetupWIF has recently shown strong performance, rising over 65% from its bottom at $1.08. Currently, the price is pulling back towards a key support zone at $1.50, which also represents a significant psychological level and a potential demand zone. This pullback offers an opportunity to enter a trade, with the expectation of a bounce from support.
Trade Plan:
Entry: Around the $1.50 support zone.
Take Profit: Targets set at $2.2 and $2.8.
Stop Loss: Placed at $1.36 to minimize downside risk.
This setup leverages the strong recent momentum of WIF while managing risk effectively. The trade is designed to capitalize on a potential bounce from the $1.50 support level, which has shown to be a key area of interest.
Could This Be the Next Bull Run for #WIFUSDT? Positive SignsYello! Are you ready to catch the next big move of the #dogwifhat? Let's look at the latest analysis of #WIF and see what's happening:
💎#WIF is currently showing promising signs of a bullish continuation from a crucial support zone at $1.36. We've been closely monitoring #WIFUSDT as it has been following a descending channel for quite some time.
💎Recently, it broke above the descending resistance and is now gaining momentum at this key support level. If the price holds strong at this level, there's a high probability of a bullish rally, similar to previous trends.
💎A breakout above the probable resistance at $2.01 could lead to targeting the next resistance zones and beyond.
💎However, if the momentum doesn't hold at the key support, we might see a bullish rebound from the lower demand area around $1.06.
💎It's crucial to stay vigilant and monitor #dogwifhat price movements closely. A daily closure below the demand area could invalidate the bullish outlook and potentially lead to further declines.
Stay vigilant and monitor #dogwifhat price movements closely.
MyCryptoParadise
iFeel the success🌴
$WIF ltf playHere's what I'm looking on lower timeframe (1-hour timeframe)
If we can hold $1.65 here, I'm expecting a deviation around $2, where I will be looking to short
There's a good support at $1.54 to $1.50 area, so we might get a reaction at this level retesting the supply zone
A break of $1.50 support, it could lead us down to $1.38 or even lower revisiting its local low
WIFUSDT(dogwifhat) Updated till 08-08-24WIFUSDT(dogwifhat) Daily timeframe range. PA got lots of space to move around but of course depends on market condition. retraced back from its local low 1.242. now trying to close over 1.651. it will be confirm after daily close if its stay valid.
Dogwifhat (WIF): Possible Zone of Rejection / Sell Off? Dogwifhat is looking interesting after a nice downward movement from the upper zones, resulting in a nice break in structure and a switch in trend.
We are looking here to see further rejection and weakness, which would dump the price back to lows of $1.12. From there on, we will be looking for price action and a possible bounce but who knows?
Swallow Team
WIF/USDT SETUP (DEEP PULL BACK SCENARIO)A big IF on WIF, What a line. Haha
Quickly, a Nice setup on Wif just emerged.
The odds are in the favour of the downtrend, however, expectations on a retracement to around the $2.8 region before further downside. A BIG IF.
Taking Note that the $2.4 region serves as a S/R flip too, but my trigger has been initiated on the chart.
Let's see how things unfold.
SCENARIO: BEARISH(MACRO)
ENTRY: $2.73 (SHORT)
SL: FIND A FIT LEVEL FOR YOU, INVALIDATION IS WHAT YOU NEED.
TP: $2.2, $1.4, $1.1
Will Dogwifhat Price Surge? Latest AnalysisThe 4-hour chart of BINANCE:WIFUSDT provides a mixed outlook, with a combination of bullish and bearish indicators suggesting potential reversal scenarios. The closing prices for the recent sessions have exhibited a varied trend, highlighting both gains and corrections.
Dogwifhat Price Technical Overview
Critical support is identified at $1.123, while significant resistance levels are seen at $1.6809, $1.7204, and $1.8468. These levels will play a crucial role in determining the future action of the Dogwifhat price.
The 9 EMA has remained below the 20 EMA, indicating a bearish trend. However, the 9 EMA is showing signs of approaching the 20 EMA, which could signal a potential bullish crossover if the trend continues. This scenario would suggest a reversal, making it an opportune moment for traders to consider long positions if the price breaks above the 9 EMA.
MACD values highlight a diminishing bearish momentum. The histogram, which measures the distance between the MACD and its signal line, has been narrowing. This convergence suggests that the selling pressure is weakening, and a potential bullish reversal could be on the horizon if the MACD line crosses above the signal line.
RSI values have been steadily climbing from oversold territory (below 30) to the current level of around 40. This upward movement in RSI indicates a reduction in selling pressure and the possibility of an upcoming bullish phase. Traders should monitor the RSI closely, as a move above 50 would further confirm the bullish sentiment.
Possible Trade Approaches
For traders looking to capitalize on this analysis, consider entering a long position if the Dogwifhat price breaks above the 9 EMA and approaches the first resistance level at $1.6809. Potential exits can be targeted at subsequent resistance levels of $1.7204 and $1.8468, utilizing a trailing stop-loss to lock in profits as the Dogwifhat price advances.
On the other hand, a short position could be considered if WIF fails to sustain above the 9 EMA and starts declining towards the support level of $1.123. Potential exits should be targeted just above the support level to minimize risk.
Traders should remain vigilant of market conditions and adjust their strategies accordingly, considering both the technical indicators and overall market sentiment.
bearish triple top pattern
In the chart, the price formed a bearish triple top pattern and then broke downward. This downward breakout indicates a potential bearish move, suggesting that the price is likely to fall.
The triple top pattern typically represents a reversal of an uptrend, with three peaks at roughly the same price level. This pattern signals that the buying pressure has weakened and a downtrend may be starting. Since the breakout happened to the downside, it confirms a bearish trend. Thus, those who guessed "Sell" were correct, as the pattern and price action indicate a probable decrease in value.
Bullish triple top pattern In the chart, the price formed a bullish triple top pattern and then broke upward. This upward breakout indicates a potential bullish move, suggesting that the price is likely to rise.
The triple top pattern typically represents a continuation of an uptrend, with three peaks at roughly the same price level. This pattern suggests strong resistance at the top, but once the breakout occurs, it confirms a bullish trend. Since the breakout happened to the upside, it signals a potential continuation of the uptrend. Thus, those who guessed "Buy" were correct, as the pattern and price action indicate a probable increase in value.
Alikze »» WIF | Ready to break supply areaIt has been moving in an upward channel at 12h and daily.
💎 Currently, after exiting this ascending channel, it has been suffering for some time in the range of the green box and the supply zone.
Considering the density in the trading range, I expect it to enter the ascending channel again after breaking the supply zone.
💎 If the supply zone is broken, it can touch the specified targets and the middle of the channel and then the next supply zone.
💎 Alternative scenario: If the green box area breaks, it can continue correction until 1.96.
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WIFUSDTOne of the tokens I urgently added to my portfolio is #WIF, the #dogwifhat token. It has formed a descending wedge pattern and has reached its lowest point. It has returned to the Binance listing price. As soon as Bitcoin starts to rise, this token is likely to be among the top gainers. My short-term target is a 100% increase, or 2x gains.
WIF - The hat is finally off :)Take this with a grain of salt, but the hat is off - Finally ;)
Weeks or even months ago I was sure WIF is going to a dollar eventually and now it looks like the time is right for the final plunge. I don't believe it will go there in a straight line from current prices, so I think we will see a few more days of consolidation at the range lows, maybe even a 20% bounce, but most likely it won't print a higher high from here.
But what do I know... these meme-coins are extremely unpredictable because all that needs to happen is Elon Musk posting a picture of a dog and people are going crazy :)
No hate, but you all know these assets are not made to last.
Stay safe!
WIF - Plan vs What HappenedJust a small update on this idea from earlier.
Marking s/r levels in confluence with volume profile can give great results.
One extra here is the setup with fib levels:
- breakout
- retest of the breakout level
- then you mark the golden pocket from breakout high to retest low
- golden pocket is first aggressive short entry, stop at the high
- second entry is the break back inside the range, then short the bearish retest, stop at golden pocket high
Potential Bullish Reversal for WFI (WIF/USDT)#WIF/USDT #Analysis
Description
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+ The chart shows a descending channel pattern forming since the peak in early 2024. The price has respected the upper and lower bounds of this channel multiple times, indicating a strong bearish trend within this range.
+ The price is currently approaching a significant support zone around $1.80, which aligns with the lower boundary of the descending channel.
+ A breakout above the upper boundary of the channel around $2.30 could signal a potential trend reversal.
+ The EMA 100 (blue line) and EMA 55 (light blue line) are currently acting as dynamic resistance levels. A break above these moving averages would add to the bullish sentiment.
+ If the price holds above the $1.80 support level and breaks out of the descending channel, we can expect a potential move towards the $4.00 - $4.50 resistance zone. Further upside could see the price targeting the $6.50 - $7.00 levels, as indicated by the dotted arrow path.
+ The RSI is currently at 37.31, indicating that the asset is in the oversold region. A reversal in RSI towards the 50 mark would support a bullish momentum shift.
+ As long as the price remains above the $1.80 support level, there is a potential for a bullish reversal.
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VectorAlgo Trade Details
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Entry Price: $1.80 with confirmation of suppor
Stop Loss: $1.3
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Target 1: 3.042
Target 2: 4.170
Target 3: 5.0
Target 4: 7.0
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Timeframe:1D (Daily)
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo
WIF its the time to get in
WIFUSDT is in daily timeframe and now in the correction Phase and moving to demand ZONE where we can see the accumulation, I suggest to buy this from 1.7 to 1.9 Level to set up the target 3.
Morover it is already in up trend in 1 day chart.
Rebound is expected anywhere in this support Area
- Support/Accumulation Range: $1.7 to $1.9.
Resistance: $2.85.
Resistance: $4.86.
- Invalidation: A close below the lower support at $1.5.
WIF (dogwifhat): Approaching SupportTrade setup : Price broke above $2.00 resistance and through the down trendline (see blue line in chart) and made a Higher High - meaning, price broke above prior swing high of $2.37. Higher Lows and Higher Highs are signs of Uptrend. We would be buyers on pullback to $1.50 support, which held up a few times in recent months. Price could revisit $3.50 next for +40% potential upside. Stop Loss at $1.30.
Pattern : Price is Approaching Support, which is a level where it could pause or reverse its recent decline, at least temporarily. Support is often a level where price has bounced up in the past, or potentially prior Resistance level that was broken. (concept known as polarity). Once price breaks below support, it can move lower to the next support level. Learn to trade key levels in Lesson 7.
Trend : Short-term trend is Strong Down, Medium-term trend is Neutral and Long-term trend is Down.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance: Nearest Support Zone is $1.50. Nearest Resistance Zone is $2.00, then $3.50.
WIF Technical Analysis in a Daily TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
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Now, let’s dive into this chart analysis:
WIF, in the daily timeframe, is in a correction phase and is likely to move down toward the lower support trendline between $1.50 and $1.70.
A rebound can be expected from anywhere near the support range, which could eventually push the price as high as 200% in the coming days.
Key levels:
- Support/Accumulation Range: $1.5 to $1.7.
- Primary Resistance: $2.85.
- Higher Resistance: $4.86.
- Invalidation: A close below the lower support at $1.5.
DYOR. NFA.
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WIF - Risky long entryReally don't like this coin, but a setup is a setup, right?
Punted a long from the monthly open level with a tight stop 5% below. No high hopes for this one as everything else is going down and I still believe we will see BTC at 58-59k coming days so it probably drags WIF with it. But again, not risking much here.
I don't even have a target, might close after a small bounce already.
Stay safe!
WIF UPDATE (12H)Now, there is good data on the chart. From where we put the red arrow on the chart, it looks like a big correction has started.
The correction seems to be a diametric.
Wave D seems to be ending.
The targets are listed on the chart.
The green area is a strong support on which we look for buy/long positions
Closing a 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
