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WIFUSDT trade ideas

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.
Long
by altFINS
WIF/USDT (Requested TA): Next Big Move? The WIF coin has been asked many times to be analysed, so here it is. Many compare it to BONK and PEPE memes, which have had a nice shoot since launch. We see a similar outcome for WIF as a next generation meme coin, which might be pushed pretty high thanks to it's enthusiastic traders and holders. Although we look for bullish outcome here, we will not be looking for very long stay in upper zones, so stay sharp and safe 😉 Swallow Team
Long
by SwallowAcademy
WIFUSDT → Resistance Breakthrough. Will there be a rally?BINANCE:WIFUSDT shows quite interesting preconditions for a possible rally. The coin breaks the consolidation resistance and at the same time looks stronger than the market. The coin has been in the consolidation stage for two months. Now the price is breaking the triangle resistance and consolidating above 3.256, which generally determines the medium-term intentions of the market. The level of 3.561 is ahead and the main task of the bulls is to overcome this obstacle. If buyers are able to pass this zone and form a consolidation above, only 4.850 is ahead. Resistance levels: 3.561, 4.343 Support levels: 3.256, 2.92 I expect the continuation of growth to the nearest resistance with its further breaking and growth to the previously mentioned targets. Regards R. Linda!
Long
by RLinda
2
WIFUSDT long move with strong supportGood Evening people, i would like to share this trade idea and am humbly requesting your feedback on it. i have drown clear support and resistance levels for WIF which is a very popular Solana based Meme coin which so far has left quite a few o the established coin far behind in terms of speed and intensity of price action. i believe we can expect a minimum 4:1 risk to reward ratio even if it doesn't quickly establish a new ATH. please dissect my chart and share your views. This is my own trade plan and not trading or investment advise.
Long
by Fr0man
6
$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 $0.10, and have added to my bags in this range. NFA GL HF. HAT. STAYS. ON. -@CryptoCurb
Long
by CryptoCurb
Dogwifhat ($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.
by DEXWireNews
WIF/USDT Technical Analysis: Anticipating a Bullish BreakoutWIF/USDT is currently trading at approximately 3.80 USDT, having shown significant strength in recent sessions. The market is exhibiting a symmetrical triangle formation, indicating a period of consolidation that often precedes a breakout. The bullish sentiment is further supported by various technical indicators suggesting upward momentum. Long Position: Entry: Enter a long position at the current level (3.80 USDT) Stop Loss: Set a stop loss below the immediate support at 3.256 USDT to manage risk. Take Profit: First target at 4.343 USDT Second target at 4.854 USDT Final target at 5.0 USDT Short Position: Entry: Consider shorting if the price fails to break above 3.561 USDT and shows a bearish reversal pattern. Stop Loss: Place a stop loss above the resistance level at 3.561 USDT. Take Profit: First target at 3.256 USDT Second target at 2.920 USDT
Long
by AxiomEx
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. Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
1