WIF. A Hidden Gem Ready to Explode! 12/12/24Given the targets we have for WIF, it's still not too late to invest in this asset. Moreover, your entry point could be better than most. A potential strategy is to invest 50% of your desired volume at the current price and place two additional limit orders of 25% each in the range of $2.539 - $2.236. The nearest target is $4.3.
Dogwifhat (WIF) is a meme coin on the Solana blockchain. The token is inspired by a photo of a Shiba Inu dog wearing a pink knitted hat. The token's name is a deliberately misspelled phrase "dog with hat."
I’ve held onto these "dog coins" on spot for a long time, waiting for the moment when a new ATH would be set. There was a lot of doubt and criticism from other market participants about WIF until now, but not from me. In my opinion, we’re seeing the same scenario play out again, and the outcome will be the same—a new ATH. The correction is only temporary and will soon be forgotten as the unstoppable growth begins.
DYOR.
Wif
WIFUSDT last dip before $10 !!Join our community and start your crypto journey today for:
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Let's analyse WIFUSDT on HTF for Spot trade set-up.
TECHNICAL ANALYSIS:
Wif has broken out of a wedge pattern, suggesting a potential bullish trend. The recent market dip appears to be a retest of the daily support level, which aligns with the 200-day EMA. With a 160% increase in 24-hour volume, a significant rally of up to 300% is anticipated.
Entry: CMP to $2.569
Target:
$4.1,
$5.09,
$10.12
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WIFUSDT - Blue Box as a Buy ZoneAs the price climbed, it left behind a clean demand zone, indicating an area where buyers were active and likely to defend. This zone could potentially act as support if the price retraces, providing a favorable area for long positions.
Key Notes:
Demand Zone: Blue Box Area
Market Sentiment: Buyers appear strong in this area.
Watch for potential retests of the demand zone for confirmation of strength.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
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WIF. High-Probability Setup. 12/04/24The asset is currently in an accumulation phase, presenting significant upside potential. Historically, breakouts from similar patterns can result in gains ranging from 100% to 200%.
Short-Term Outlook:
I anticipate a pullback to the mirror level, which could offer an excellent opportunity to open a long position or add to your spot holdings. Key entry points are marked with yellow horizontal lines (two pending orders).
Targets:
Futures: $4 - $5
Spot: $6 - $10
DYOR.
Sniffing the Range Fence: Porky's WIFUSD Trading TaleHowdy, folks! It’s Porky here, your pip-farming pal, with today’s crypto tale. Let’s talk WIFUSD —a dog in a hat. Porky likes to think of it as a scrappy little fella, happily trotting around but too shy to jump the fence. Let’s dig into the mud, shall we?
WIF’s been doing laps between 3.56 and 2.87 for the past eight days. Picture it: a stubborn pup stuck in a yard, sniffing at the edges but refusing to escape. These fences aren’t imaginary—Porky’s plotted them with blue and orange lines on the chart.
🐾 What Do These Lines Mean?
Blue marks past highs, and orange marks past lows. They’re not based on wishful thinking but real price history. And just like a good ol’ farm fence, these lines show us where WIF might bounce or bump its nose.
The blue lines : Pivot points from spring 2024 when WIF ran wild and hit an ATH of 4.86. You’ll notice WIF keeps getting shooed back from these levels, like on November 13 and 15, at 4.36 and 4.10 respectively.
The orange lines : Bottoms from that rally’s aftermath, now forming the bounds of our range. WIF has been hanging out here, making this a comfy spot for price.
🐷 Porky’s Range Logic
Porky loves ranges—they’re like veggie patches with no weeds! Inside, price can bounce around nicely without the presence of strong internal resistance. This gives cheeky traders a chance to ride the swings. Right now, WIF is pawing toward near the lower range at 2.97-3.02 (that’s the purple patch on the chart).
Porky reckons we’ll see a bounce there, setting WIF up for another run to the top of the range at 3.56. We have already tried that twice (A and B on the chart) and Porky thinks it is likely to see this move again. If it gets a good head of steam, we might even see it break out and take a run at that 4.86 ATH.
🐾 How Porky Trades WIF:
Entry Price: 3.20—after WIF clears some hurdles.
Stop Loss: 3.13—because Porky doesn’t chase runaway dogs.
Target 1: 3.306 (+3.3%) – a quick kibble.
Target 2: 3.38 (+5.6%) – a juicy treat.
Target 3: 3.47 (+8.3%) – a whole feast.
Target 4: 3.65 (+14.3%) – the ultimate bone!
If you’re feeling bold, hold for a breakout and a potential ATH retest. Porky warns, though—trading is as risky as milking a bull!
🐷 Final Thoughts:
WIF’s range is your playground, but Porky says stick to the plan. Use those blue and orange lines like fence posts to guide your trades. And remember, Porky’s not a financial advisor—he’s just a pig who loves farming and pips. Happy trading!
If none of these wants to happen now, and we fall out of the range downwards, Porky would return to this idea once the market comes back to these levels.
Snorts and cheers,
Porky 🐷
#WIF 1D. Ready to Jump? 11/25/24Among meme coins, #WIF is currently the most appealing. It's worth considering building a spot position and opening a swing trade in the $3.2 - $2.8 range (support level).
The support level is a price range where an asset has historically not fallen below and is expected to bounce back upward.
Personally, I look for opportunities to open positions when the market is volatile or after significant moves that could impact an asset's price in the future. But if you're trading (entering positions or buying on spot) only when everything is pumping, then panic-selling on every dip and/or being afraid to buy or enter trades—well, I pity you. You'll never make money this way. Trading is not for you! Quit this right now!
The nearest target for #WIF is $4.304, and we will absolutely reach it!
WIF/USDT: 50% PROFIT POTENTIAL TRADE SETUP!!Hey everyone! 👋
If this analysis hits home, make sure to smash that 👍 and follow for more profitable setups! 💰
🔍 Technical Breakdown:
WIF is showing strong bullish signs, forming a descending triangle in the 4hr time frame. It's bouncing off the lower support level, reinforced by the 200MA—a key support zone. Once it breaks out, WIF is set to rally toward the $5 mark! 📈
📌 Trade Setup:
Entry Range: CMP, and add more up to $2.94
Targets: $3.36 / $3.82 / $4.38 / $4.82
Stop Loss: $2.72
Leverage: Keep it low (Max 5x)
This setup screams breakout potential! 🚀 Are you seeing the same? Drop your analysis and insights in the comments below, and let’s ride this wave to profits together!
ALT SENSATIONAL Everyone is watching this 60% level on CRYPTOCAP:BTC.D for the potential reversal from bitcoin dominance into alts. And I agree based on the order block and golden zone confluence.
The next step I take if I believe an alt season is soon, which is around the corner sooner than one would think, is to hawk the btc and ratio pair charts.
Here are a few that have piqued my interest as of now. This does not mean they immediately pump but rather offer some decent risk reward trade opportunities. I have no idea if these are the generational bottom but frankly they could be.
MEXC:TAOUSDT TAO
BINANCE:BNBUSDT BNB
OKX:OPUSDT OP
BINANCE:NEARUSDT NEAR
BINANCE:AVAXUSDT AVAX
BINANCE:JUPUSDT JUP
CRYPTO:WIFUSD WIF
- Robinhood + Coinbase wombo combo listing
Always be pitting your favorite altcoin vs btc or vs the native chain token the coin is on. Like PEPEETH or BONKSOL etc.
Oftentimes the true bottom or the major turning points present themselves once the ratio pair charts begin to reach key levels of support or resistance. Study and track diligently.
Some alts have already had an initial push up probably taking out some short liquidations. The key is looking for the laggards and the bull divergences.
Just in: Robinhood Listed Solana Memecoin Dogwifhat ($WIF)Dogwifhat ( CRYPTOCAP:WIF ), the Solana-based memecoin, has taken the spotlight after being listed on Robinhood on November 25, 2024. This milestone marks a pivotal moment, propelling CRYPTOCAP:WIF into mainstream visibility and sparking excitement within the crypto community.
Fundamental Analysis
Dogwifhat’s listing on Robinhood, one of the top US centralized exchanges (CEX), underscores growing institutional interest in memecoins, particularly those on the Solana network. This listing has led to a 7% price surge, with CRYPTOCAP:WIF trading around $4. Analysts anticipate further upward momentum, with targets set at $10 ahead of Thanksgiving.
Trading volume has also skyrocketed, with CRYPTOCAP:WIF registering a 24-hour volume of over $1.4 billion—an increase of 23.9%. This surge reflects heightened market activity and investor confidence. Additionally, the current market cap stands at $3.36 billion, ranking it #47 on CoinGecko, a remarkable feat for a meme token.
Technical Outlook
From a technical standpoint, CRYPTOCAP:WIF is displaying strong bullish signals. The Relative Strength Index (RSI) is currently at 56, indicating room for further growth before entering overbought territory. Notably, CRYPTOCAP:WIF recently emerged from a falling wedge pattern—a bullish reversal indicator. This breakout could propel the price past $4, with $5 as the next key resistance level and $10 within reach.
Adding to the optimism, CRYPTOCAP:WIF has formed a golden cross pattern over the past two weeks, where the short-term moving average crosses above the long-term moving average. This pattern historically signifies the start of a major uptrend. Furthermore, support from prominent figures like Arthur Hayes and the growing DEGEN CULT community provides additional bullish sentiment, reinforcing the expectation of CRYPTOCAP:WIF shaking up the memecoin market.
The Road Ahead
With its Robinhood listing and favorable technical indicators, CRYPTOCAP:WIF is well-positioned to capitalize on the growing interest in Solana-based memecoins. As market conditions align and momentum builds, all signs point toward CRYPTOCAP:WIF breaking new highs, potentially setting the stage for a transformative rally in the memecoin sector.
Investors and traders are watching closely—this might just be the beginning of Dogwifhat’s rise to the top of the memecoin economy. 🚀
WIF LONG OPPORTUNITY - SOLANA MEMECOINPrice is returning to the weekly demand zone, which aligns well with Fibonacci levels. I anticipate the price will reach the blue box (daily demand) and take off from there. While it may reclaim the blue trendline, there's also a chance it won't. Personally, I won't wait for a retest of that trendline to enter the trade.
I’ll look for LTF confirmations to initiate the trade.
SL: $1.725 (below daily close)
TP: $4.87 (ATH)
WIFUSDT New ATH Soon!WIFUSDT Technical analysis update
BINANCE:WIFUSDT is moving towards its previous ATH level, which is expected to act as major resistance. High trading volume has been observed near this resistance over the past few days. The price has been confined within a range for the last 250 days, and after this ranging period, it is now approaching the resistance level. If a breakout occurs, a significant bullish move can be anticipated.
WIFUSDT - Embracing the OpportunityIn trading, patience and timing are everything. WIFUSDT has been pulling back, testing the resolve of sellers, and now it finds itself near a level where buyers might regain control. This setup isn’t just about entering a trade; it's about recognizing the flow of market energy and aligning with it.
The recent dip has brought us to a zone where price stability seems plausible, supported by historical levels. Volume may soon increase, indicating renewed interest from buyers. Watching for momentum to shift here is key, as this could be the starting point of a rebound if buyers show strength.
Remember, the art of trading lies in balancing confidence with caution. We’re not jumping in blindly; we’re carefully observing the market’s signals and choosing to act with purpose. If the market aligns with our expectations, we stand ready to ride the wave, knowing that every pullback can be the foundation for the next move forward.
dogwifhat WIF price is preparing to pleasantly surpriseYesterday, when the crypto market was falling, CRYPTOCAP:WIF price held up quite well. This may mean that the growth target has not yet been reached.
In continuation of our global idea from 07.05.24, where we wrote that buying OKX:WIFUSDT at $1.35 is not a bad idea!)
Now we can assume that #dogwifhat buyers are preparing to exit the protracted upward correction channel.
As long as the price of #WIFUSD is in the range of $2-2.25 and above, the upward trend remains.
TP1 - $3.50
TP2 (medium term) - $4.80
_____________________
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WIF ($WIF) Eyes Explosive Gains as Uptrend SurgesThe digital asset WIF ( CRYPTOCAP:WIF ) has seen a notable surge in market activity, gaining significant attention from traders as it showcases an impressive uptrend. Currently, WIF has climbed 28.93% over the past 24 hours, with its price peaking at $3.888, offering a bullish outlook backed by robust trading volume and pivotal support and resistance levels.
Performance Analysis: Momentum Accelerates for WIF
WIF’s recent spike is a testament to its strong buyer interest, currently trading at $4 and maintaining an upward trend. The asset's performance has piqued interest, particularly as it flirts with a 24-hour high, bringing new momentum to this cryptocurrency. This upward movement is reflective of broader bullish sentiments within the market as WIF positions itself as a promising token amidst a volatile landscape.
Volume Spike: High Buyer Interest Drives Price Action
An impressive trading volume of 191.96 million WIF underscores the asset’s high liquidity and robust demand. Such heightened trading activity is often an indication of sustained buyer interest, and in WIF's case, this volume uptick suggests that bullish sentiment is firmly supporting the current rally. High volume typically signals that the price direction is likely to continue, making WIF a potentially attractive target for traders looking to capitalize on momentum-driven assets.
Technical Outlook
Technical indicators reveal a pivotal resistance level at $5.5, a critical price point where any breakout could unlock further upside potential for WIF. A move above this level would confirm a bullish breakout, reinforcing investor confidence and potentially leading to higher highs as traders respond to the positive momentum.
Conversely, the support level at $3.251 serves as an anchor for maintaining WIF’s current uptrend. This support zone is crucial; holding above this level would likely signal that bullish control remains intact, while any dip below could open up downside risk. This support-resistance structure will be instrumental in guiding traders’ decision-making processes as they look to navigate potential entry and exit points.
Market Sentiment and Future Outlook
WIF’s impressive rally aligns with an overall optimistic sentiment in the crypto market, particularly as interest in high-performing tokens fuels demand. The asset's price action has been attracting both retail and institutional attention, given its recent listing on major exchanges and market buzz around its potential. Analysts forecast that if the $3.988 resistance level is breached, WIF could witness a further price climb, establishing new highs as traders tap into the asset’s bullish momentum.
For traders, the rising trend and significant volume spikes present both opportunities and risks. Monitoring the resistance level at $3.988 for potential breakout signals, while being cautious around the $3.251 support level, is essential for navigating WIF’s next moves in a market that continues to exhibit substantial volatility.
Conclusion
With strong technical indicators and buyer interest, WIF ( CRYPTOCAP:WIF ) appears poised for continued growth, though traders should keep a close eye on the support and resistance levels highlighted above. The potential for further gains makes CRYPTOCAP:WIF a coin to watch closely, particularly as it positions itself within a bullish market framework, offering opportunities for both breakout and pullback trades in the short term.