WIF - Break Out!Dear My friends,
When looking at the WIF chart, I wonder, where is its bottom? The current price is even lower than when it was first listed on Binance. So, since I donโt know, Iโll just analyze it. And Iโll start from the bigger picture. When I zoom into the daily timeframe, everything seems clear to me. Take a look at the daily chart, and youโll see that a divergence has appeared. The price is dropping, but the RSI indicator is rising. The price has broken out of the descending channel. Buying volume has been dominant in recent sessions. So, Iโve searched for target levels on the daily timeframe. I hope my analysis will help you, my friends.
Best Regards,
WIFUSDT trade ideas
WIF Preparing to storm 0.79 ready to grow by 50%The WIFUSDT coin has been at the bottom for a long time, having accumulated a decent amount of short-term liquidity. Apparently, it is ready to grow by 50%. This is more of an intuition than a clear trading idea, but if you want, you can enter an amount that you don't mind losing. The target is 0.79
Do you think we'll take off? ๐
WIF Weekly Chart Analysis
WIF is the most trending meme token on the Solana blockchain
โ
It has successfully broken out of a bullish flag re-accumulation pattern
๐ Currently hovering just below a major supply zone, setting up for a potential breakout ๐
We expect some consolidation in this region before the next explosive move ๐
๐ฏ Target 1: $2
๐ฏ Target 2: $3.5
๐ฏ Target 2: $5
If you're not eyeing SEED_WANDERIN_JIMZIP900:WIF now, you're probably missing one of the earliest entries into a possible massive meme rally ๐ค
@Whalesdesk
WIFUSDT.P / 15M / SHORTWIFUSDT Short Opportunity | Bearish Order Block Rejection
WIFUSDT is approaching a Bearish Order Block, signaling a potential downward move. Smart Money Concepts (SMC) and Price Action indicate that liquidity might have been grabbed, setting up a short opportunity.
๐น Entry: 0.5057 (Bearish Order Block Zone)
๐น Take Profit: 0.4774 (Key Demand Area)
๐น Stop Loss: 0.5104 (Above Structural Invalidity)
RISK REWARD IS INSANE '6 RR'
The price is likely to react from this supply zone, leading to a possible liquidity sweep before continuing downward. Confirmation from lower timeframe rejections or break of structure (BOS) can add confluence.
WIF/USDTHello friends
According to the market cycle, the price decline is ongoing and is expected to continue.
Now the only important support is the green area, which the price reaches there and we will see what reaction we get from the buyers.
Will they support the price or will the decline continue...
If you want to be with us in this alt season, send us a message.
*Trade safely with us*
WIF /USDT Long SL -14.12%WIF/USDT Long Setup ( Retake )
Reason:
Breakout and Confirmation done in Internal Structure.
Strong Bullish bullish momentum with high Volume.
All technical Parameters suggesting a strong Bullish Wave.
After Successfully breakout from wedge, we can Expect a 40% bullish wave.
Pro Tips:
After Target 2, Move Stoploss to breakeven
HODL
Best Regards,
The Panda
BINANCE:WIFUSDT
MEXC:WIFUSDT
BINANCE:WIFUSDT.P
KUCOIN:WIFUSDT
BITGET:WIFUSDT.P
BINGX:WIFUSDT.P
WIF/USDTWIF is is at the completion zone of an informal M-shape structure completing at the 1.13 fib extension. Local price action is showing signs of accumulation with a low, lower low and now higher low.
This provides the lowest risk opportunity to take a long term position.
This is generally quite a high risk trade given it has made lower lows than TGE but if this cycle is real and Friday goes well, I could this this retracing to at least go see the all time .886.
Trade safely!
Thanks!
Breaking: Dogwifhat Tanks 13% TodayBuilt on the solana ecosystem, a token embroidering the dog with a hat narrative saw its price tank 13% today amidst general crypto dip.
With the RSI at 39 could more dip be looming ahead. For now the asset is in a steep falling wedge pattern so a reversal could be feasible. Given that SEED_WANDERIN_JIMZIP900:WIF once had an All-time-high of $4.85 rising from an all time low of $0.00002344 representing a whooping +2452405.65% gains, SEED_WANDERIN_JIMZIP900:WIF could pull out such fit again with a market cap of $564.14M this adds more credence to the bullish comeback of $WIF.
dogwifhat Price Live Data
The live dogwifhat price today is $0.574867 USD with a 24-hour trading volume of $627,598,272 USD. We update our WIF to USD price in real-time. dogwifhat is down 12.29% in the last 24 hours. The current CoinMarketCap ranking is #98, with a live market cap of $574,200,548 USD. It has a circulating supply of 998,841,059 WIF coins and the max. supply is not available.
WIF USDTWIF/USDT - Key Levels to Watch ๐
SEED_WANDERIN_JIMZIP900:WIF is testing the bottom support of a descending wedge, a pattern that often precedes a breakout. If a reversal happens, upside potential is significant with the following targets:
โ
First Resistance: $1.706
โ
Second Target: $3.079
โ
Major Breakout Level: $4.249
This setup suggests a high-risk, high-reward opportunity! A confirmed breakout above $1.70 could open doors for a massive rally. Keep an eye on price action! ๐
$WIF - Massive Bullish Divergence SEED_WANDERIN_JIMZIP900:WIF price has experienced lower lows and lower highs but the momentum indicators pointing higher despite the prices drops.
Today it's challenging the first descending trendline, with a swift move up to 0.67. A follow-through could see a swift move towards the upper trendline at 0.86
The big test will be breaking through the upper descending trendline, a break above would be extremely bullish for WIF with significant upside potential from current levels.
WIF USDT Long SL -14.8%WIF/USDT Long
Reason:
Tested the bottom Trend of falling wedge and confirmed.
Breakout and Confirmation done in Internal Structure.
Strong Bullish bullish momentum with high Volume.
All technical Parameters suggesting a strong Bullish Wave.
After Successfully breakout from wedge, we can Expect a 40% bullish wave.
Pro Tips:
After Target 2, Move Stoploss to breakeven
Best Regards,
The Panda
BINANCE:WIFUSDT
MEXC:WIFUSDT
BITGET:WIFUSDT.P
BLOFIN:WIFUSDT.P
WIF / USDT : Retesting Trendline after breakout WIF/USDT: Retesting Trendline Support After Breakout โ Bullish Continuation Ahead?
WIF/USDT is in a crucial phase ๐ as it successfully broke above a key trendline resistance and is now undergoing a retest ๐. This retest could confirm the breakoutโs strength, paving the way for further bullish momentum ๐. If buyers step in at this support level, we could see an explosive move to the upside. Keep a close watch ๐ on how the price reacts to this level.
Key Insights:
1๏ธโฃ Trendline Retest: WIF/USDT has broken out and is now testing the previous resistance as support. Holding this level is critical for confirming a sustained bullish move.
2๏ธโฃ Volume Confirmation: A strong bounce with increasing volume ๐ฅ would indicate renewed buyer interest and validate the breakout.
3๏ธโฃ Bullish Indicators: RSI and MACD remain in bullish territory โก, supporting the potential for further upside if the retest holds.
Steps to Confirm the Retest:
โ
Look for a strong 4H or daily candle bounce from the trendline support.
โ
A surge in volume at the retest level strengthens the bullish case.
โ
If WIF/USDT flips the trendline into solid support, it could trigger a strong upward push.
โ ๏ธ Be wary of failed retests or price closing back below the trendline, which could indicate weakness.
Risk Management Strategies:
๐ Use stop-loss orders to protect against unexpected reversals.
๐ฏ Adjust position sizing based on overall risk tolerance.
This analysis is for educational purposes only and not financial advice. Always DYOR ๐ before making investment decisions.
Bullish Shark On $WIF's Monthly ChartI haven't really posted much on Carney's Harmonic Patterns, but as I was working on some material for The Litepaper, I glanced at dogwifhat's monthly chart and noticed it looked very much like shark pattern - but I wasn't even 80% sure. Had to pull out my notes.
Turns out, dogwifhat's monthly candlestick chart is a perfect Bullish Shark Pattern
AB = 0.982 of XA โ Nearly a 1.0 retracement, which fits within the Shark's extended AB range (0.886 โ 1.13 XA).
BC = 0.992 of AB โ Deep retracement, typical of Shark formations where BC is 0.50 โ 1.00 of AB.
CD = 1.147 of BC โ Falls within the expected 1.13 โ 1.618 BC extension for a Shark.
XD = 1.125 of XA โ Bulls-eye confirmationโShark patterns complete at 1.13 โ 1.618 XA extension, and your 1.125 is right in that range.
Given Carney's rules, the targets are the 50%, 61.8% and full reversal of CD:
$2.67
$3.04
$4.83
Will be fun to see how it plays out.
If there's a dip below $0.40, then it's invalidated.
UNIVERSOFSIGNALS| WIF:Diving into the Dynamics of a Popular Meme๐ Welcome to UNIVERSOFSIGNALS !
In this analysis, I want to examine the coin WIF, which you requested in the comments. This project is one of the famous meme coins in the crypto world, operating on the Solana network, and it has a market cap of $655 million, ranking it 105th on CoinMarketCap.
๐
Daily Timeframe
In the daily timeframe, we are witnessing a downward trend that started from a high of 3.9560 and has continued down to 0.5852. The market volume has also converged with the trend, indicating that the selling pressure has been much stronger than buying.
โ If you previously purchased this coin, you should have set a stop-loss after the price stabilized below 1.3886. However, if you havenโt done this yet, I cannot specify a stop-loss area for you now because there's a significant support area at 0.4464, and we need to see how the price reacts to this area.
๐ If you're looking to buy this coin, first of all, I should mention that purchasing meme coins is very risky, and I personally neither buy meme coins nor recommend buying them. But if you want to buy this coin, you should wait for a trend reversal. For a trend change, we need a new structure to form and a suitable trigger to confirm the trend change.
๐ผ If the price breaks 0.5852 and the RSI enters the oversold area, we could open a very good long-term position. A break of 34.36 in this indicator gives us the first confirmation of entering bullish momentum, but this confirmation is not reliable at all and only serves to confirm futures triggers.
โณ 4-Hour Timeframe
In the 4-hour timeframe, I want to specify the futures triggers for you. We also have an interesting ascending channel, to which the price has reacted very well so far, and breaking this channel from any side could provide a good position.
๐ Currently, it seems there's a range box between 0.5734 and 0.7803, which has timed the price's move from the box's floor to its ceiling.
๐ For a long position after the channel break, you can enter with a trigger of 0.7803 targeting 1.0411 and 1.345, but keep in mind that we've had a very strong downtrend, and this position is against the trend.
๐ฝ For a short position, our trigger is very clear, and if 0.5734 is broken, you can enter, and your target could be the bottom of the channel.
๐ Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and donโt forget to share this analysis with your friends! โค๏ธ
TradeCityPro | WIF: Diving into the Dynamics of a Popular Meme๐ Welcome to TradeCityPro!
In this analysis, I want to examine the coin WIF, which you requested in the comments. This project is one of the famous meme coins in the crypto world, operating on the Solana network, and it has a market cap of $655 million, ranking it 105th on CoinMarketCap.
๐
Daily Timeframe
In the daily timeframe, we are witnessing a downward trend that started from a high of 3.9560 and has continued down to 0.5852. The market volume has also converged with the trend, indicating that the selling pressure has been much stronger than buying.
โ If you previously purchased this coin, you should have set a stop-loss after the price stabilized below 1.3886. However, if you havenโt done this yet, I cannot specify a stop-loss area for you now because there's a significant support area at 0.4464, and we need to see how the price reacts to this area.
๐ If you're looking to buy this coin, first of all, I should mention that purchasing meme coins is very risky, and I personally neither buy meme coins nor recommend buying them. But if you want to buy this coin, you should wait for a trend reversal. For a trend change, we need a new structure to form and a suitable trigger to confirm the trend change.
๐ผ If the price breaks 0.5852 and the RSI enters the oversold area, we could open a very good long-term position. A break of 34.36 in this indicator gives us the first confirmation of entering bullish momentum, but this confirmation is not reliable at all and only serves to confirm futures triggers.
โณ 4-Hour Timeframe
In the 4-hour timeframe, I want to specify the futures triggers for you. We also have an interesting ascending channel, to which the price has reacted very well so far, and breaking this channel from any side could provide a good position.
๐ Currently, it seems there's a range box between 0.5734 and 0.7803, which has timed the price's move from the box's floor to its ceiling.
๐ For a long position after the channel break, you can enter with a trigger of 0.7803 targeting 1.0411 and 1.345, but keep in mind that we've had a very strong downtrend, and this position is against the trend.
๐ฝ For a short position, our trigger is very clear, and if 0.5734 is broken, you can enter, and your target could be the bottom of the channel.
๐ Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and donโt forget to share this analysis with your friends! โค๏ธ
WIF Is Going To Come Down Hard Be CarefulWIF is way overextended and overvalued. There is bearish divergence on many indicators on almost all higher timeframes. I think WIF comes down to tap the trendline at $1.40 and a small bounce then it falls swiftly into the wedge again. Where is goes from there I dont know but I will update the chart at that time.
This is not finainclal advice this is just my opinion.
LIKE, AND FOLLOW ME + THIS IDEA FOR CONSTANT UPDATES. THANK YOU
This chart represents a possible Elliott Wave analysis with fiveKey Points:
Current Situation: According to the chart, the price is in Wave 4, which is a corrective phase. If it holds the support zone (white box), Wave 5 may start.
Support Level: The price is currently testing a key support level. Holding this level could push the price upward.
Target: The next strong resistance is expected between 0.8451 โ 0.8877, aligning with Fibonacci retracement levels.
Risk: If the price breaks below the support level, it could drop further, invalidating Wave 5.
Conclusion:
If support holds, a bullish Wave 5 move is expected, aiming for higher resistance levels. However, if support breaks, a further decline is possible.