WIF COIN LONG OPPORTUNITY - Solana Memecoin WIF is one of the top memecoins on the Solana blockchain. It often shows strong momentum, especially when Solana is moving upwards. Watching WIF can be useful for tracking both Solana’s trend and the memecoin market.
Technical Analysis: The price recently ran the daily swing liquidity and tapped into the weekly demand zone, where it faced strong rejection and began an upward move.
We also saw rejection near the bearish trendline that has influenced the downward trend over the last few weeks.
I’ll be looking for lower time frame confirmations around $2.12, which aligns with the 4-hour demand zone and Fibonacci retracement discount level.
Stop Loss: $1.85
Target 1: Bearish trendline
Target 2: $2.69
Target 3: $2.96
Wif
Technical Analysis and Future Forecast for Dogwifhat (WIF) MemeOverview: Dogwifhat (WIF) has garnered significant attention in the memecoin sector, especially following the successful launch of the DOGS token. This momentum suggests a prevailing trend favoring dog-themed cryptocurrencies during the current Bitcoin bull run.
Price Targets:
Target 1 (T1) : $5.67
Target 2 (T2) : $8.77
Target 3 (T3) : $12.00
Technical Indicators:
W.ARITAs™ Indicator: Our proprietary W.ARITAs™ algorithm , which employs advanced quantum theory techniques to detect irregularities in large datasets, forecasts a strong bullish trend for WIF.
On the 2-day timeframe, the indicator remains in the 'Lime Green' zone, indicating sustained bullish momentum.
Momentum Assessment: Since its launch, WIF has exhibited robust upward momentum, aligning with the broader market's positive sentiment towards memecoins.
Market Correlation: Historically, memecoins have shown a positive correlation with Bitcoin's performance. As Bitcoin approaches the $95,000 mark, we anticipate a corresponding surge in WIF's price, potentially reaching our projected targets.
Conclusion: Based on our comprehensive analysis, supported by the W.ARITAs™ indicator and current market dynamics, we project that WIF is poised for significant growth. Investors should monitor the outlined price targets and consider the prevailing bullish indicators when making investment decisions.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Investors should conduct their own research and consider their risk tolerance before making investment decisions.
WIF at $2: A Bargain OpportunityI had to create a new post on this one. There are good chances this week and the next will see sell-offs leading up to the election date.
I'm interested in buying below $2, even if it seems unlikely to reach that level. It’s a price point I’d feel comfortable bidding at, rather than entering in the middle of nowhere.
If it goes below $2, it will clearly invalidate this setup, so I want to position myself closer to my ideal entry levels.
Let’s set alerts and wait patiently.
CRYPTOCAP:WIF
Alikze »» Dogs | Descending channel🔍 Technical analysis: Descending channel
- It is moving in a descending channel in the 4H time frame.
- Due to the fact that there is a demand in the middle of the channel, this movement can continue up to the ceiling of the channel.
- At the top of the channel, if there is a correction and a soft landing up to the green box range, it will have the ability to grow up to the specified areas by creating demand again.
💎 Alternative scenario: in case it faces selling pressure after hitting the ceiling of the channel and this selling pressure continues sharply, it will lead to the failure of the middle range of the channel and the green box will not be able to hold the price and it can The broken move towards the downward targets and the bottom of the channel until the range of the second green box.
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BINANCE:DOGSUSDT
$WIFUSDT Set for Takeoff - Memecoin Momentum Building!BINANCE:WIFUSDT has taken a small correction after hitting resistance, but it’s now poised for an upward move. As a memecoin on the Solana blockchain, BINANCE:WIFUSDT is positioned well to capitalize on the current trend in the memecoin market. With growing interest and momentum, we can expect a boost in price soon. Keep an eye on this one for potential gains!
BINANCE:WIFUSDT Currently trading at $2.6
Buy level: Above $2.45
Stop loss: Below $1.95
TP1: $2.9
TP2: $3.5
TP3: $4
TP4: $5.5
Max Leverage 3x
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$WIF - Significant Support at $2.40 Here's our Technical Outlook for WIF
Daily Timeframe:
- Price reached the upper band of the yearly VWAP.
4-Hour Timeframe:
- Price has been climbing steadily, showing a strong upward move.
1-Hour Timeframe:
- Price reacted well at the nPOC /low timeframe demand around $2.44.
- Immediate resistance is now at $2.57 (dPOC) , failure to get above it could lead to a retest of $2.50.
If we can hold above $2.50, we could see a push to the $2.70–$2.80 range.
WIF COIN LONG IDEA - WIF SOLANA MEME COIN I will be watching the marked 'Long Zone' for a possible long position.
LTF (lower time frame) confirmation will be needed to open a position.
The possible target would be the purple line.
Risk assets have been performing well recently, but geopolitical risks remain a concern.
Nothing I share is financial advice. For educational purposes only.
#SOLANA #MEMECOIN
Phemex Analysis #29: RSI Divergence Raises Concerns for WIFPHEMEX:WIFUSDT.P has experienced a remarkable 93% surge over the past month, indicating a significant increase in market confidence. However, recent price action has shown signs of weakness, raising questions about the sustainability of this bullish momentum. A 1D RSI divergence observed on October 14th further complicates the picture, as the price is rising while the RSI is declining.
Analyzing the RSI Divergence
A 1D RSI divergence occurs when the price creates a higher high, but the RSI forms a lower high. This divergence often signals a potential reversal or a pause in the uptrend. In the case of WIF, the divergence suggests that the buying momentum may be waning, and a correction or consolidation phase could be imminent.
Overall Bullish Sentiment
Despite the recent divergence, the overall bullish sentiment surrounding WIF remains strong. The 93% surge over the past month is a clear indication of growing investor interest and confidence in the project. This positive sentiment could continue to drive the price higher, especially if there are further developments or announcements that support the bullish narrative.
Potential Scenarios
1. Continuation of Upward Trend: If WIF can overcome the RSI divergence and sustain its upward momentum, the price could continue to rise. Positive news, increased adoption, or favorable market conditions could fuel further gains.
2. Temporary Correction: A correction or consolidation phase may be necessary to digest the recent gains and allow for a more sustainable uptrend. If the price retraces but remains above key support levels, it could be seen as a healthy buying opportunity.
3. Reversal: In the worst-case scenario, the RSI divergence could signal a reversal of the uptrend. However, this would require a significant breakdown below key support levels and a change in market sentiment.
Potential Trading Strategy
Given the current market conditions, a cautious approach may be prudent. Traders could consider the following strategies:
I. Partial Profit Taking: For those who have already realized substantial gains, taking profits on a portion of their position could help protect against potential losses.
II. Tight Stop-Loss Orders: Placing tight stop-loss orders below key support levels can help limit losses in case of a sudden price decline.
III. Wait for Confirmation: Traders could wait for a clear breakout above the resistance level or a confirmation of a bullish reversal pattern before entering new positions.
Conclusion
While WIF's recent surge is a positive sign, the RSI divergence suggests that a period of consolidation or correction may be necessary. Traders should be mindful of the potential risks and carefully evaluate the market conditions before making investment decisions. If WIF can successfully overcome the current challenges, it has the potential to continue its upward trajectory.
Tips:
Trade Smarter, Not Harder with Phemex. Benefit from cutting-edge features like multiple watchlists, basket orders, and real-time strategy adjustments. Our unique scaled order system and iceberg order functionality give you a competitive edge.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
WIFUSDT long using proprietary multi-timeframe trend detectionFollowing an initial tap of the liquidity at the last significant high back in July, we've seen a retrace back down to our short term trend (13D EMA).
I like the reaction we've seen there today and am taking an early stab at a long with half size here (because not all of my LTF buy signals have triggered as of yet.
First TP level will be the next logical D1 resistance that'll likely cause a bit of a pullback.
Entry: 2.5579
SL: 2.4914
TP: 3.2127
Short term I'd like to see the H4 close back above the short term trend around 2.70 as this would signal a confirmation of reversal.
The possibility of forming a sell position in WIFAccording to the mark-ups that have been done since the above time, which you can see the link of those analyzes in the channel, we had a reaction to the daily POI in the 15-minute time frame and we are witnessing a change in structure, so we expect rejection in the New York session in the upward movement of the marked POI. Let's be and come to the lower regions.
$POPCAT is Ready to Roar!WIF and $POPCAT have the same unit economics, which simplifies the playbook significantly.
$POPCAT has consolidated well around $1, and it's currently in price discovery.
WIF crossed the key 1B dollar mark in March, resulting in a 4x increase.
$POPCAT reached the 1B dollar milestone in September and is now mirroring the same trajectory.
Get ready for CAT szn. All cats about to meow. All CAT beta is going to fully send.
$POPCAT is ready to break to the upside if Bitcoin stays above 60k level.
WIF - Barking Towards New Highs - Last Shot! Alright, let’s dive in.
With everything in a crucial area, September is shaping up to be a volatile month for the markets, especially with upcoming US jobs data and the FOMC meeting. We might see the first rate cuts. While caution is definitely warranted, there are still opportunities worth pursuing.
With that in mind, invalidation points are crystal clear. Both $POPCAT and NYSE:FET have specific levels where they would turn bearish if things don’t go as planned.
I'm considering a long position here, aiming for higher highs and potentially new peaks if CRYPTOCAP:BTC ’s low is confirmed.
Of course, everything depends on how the upcoming events unfold. But giving it another shot seems worth the risk.
MAX LONG NOW :)
WIF 2.567 Long! An anomalous point on the chart!🤖🔥🚀 An anomalous point has been detected on the WIF chart!
🔥 The chart has a nice nudge to the level formed by the Limit Seller.
🚀 WIF 2.567 Long!
Breakout entry pattern
First target 2.937
Second target 3.167
Third target 3.454
💡 WIF is a volatile coin, so use leverage no more than 20x!
Stop short
#WIF Technical Analysis on a Daily TimeframeWIF has recently shown a solid rebound, forming support lines, and is currently facing the resistance trendline around $1.977.
The 50 EMA is acting as strong support, and once WIF closes above the resistance trendline on the daily timeframe, we could see a bullish move.
If WIF gets rejected at the resistance trendline, the support between $1.48 and $1.67 must hold strong.
For now, let's wait for WIF to break and close above the resistance.
Key Levels:
- Primary Resistance: $1.977.
- Primary Support: $1.48 to $1.67.
- Entry 1: If WIF breaks out from resistance and retests around $2.
- Entry 2: $1.48 to $1.67 (if WIF gets rejected).
- Lower Support/Accumulation: $0.87 to $1.06.
DYOR, NFA.
Like, share, and follow for more updates.
Thank you!
#WIF #Crypto
Alikze »» SHIB | Upward wave 3 scenario🔍 Technical analysis: The scenario of the 3rd wave of the rising super cycle
- In the analysis presented in the previous post , after an upward wave up to the area of 2.618, the previous wave itself experienced significant growth.
- Currently, in the weekly time frame, after going through a downward trend in a channel, it managed to have a complex structural correction to the green box range, which led to an exit from the channel.
- Therefore, according to the current momentum, it will have the ability to reach the target of Fibo 1.618 range and then up to its previous ceiling.
- After that, if the previous ceiling is broken, the rising wave can extend to the specified supply area.
💎 In addition, if the previous floor or green box of stabilization occurs, the bullish scenario will be invalidated.
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BINANCE:SHIBUSDT
WIF: BUY SIGNAL WIF has been showing strong upward momentum against btc , breaking through key resistance levels with impressive volume. The bulls are stepping in, and the chart looks primed for more gains!
Volume Surge: A noticeable increase in volume suggests institutional interest and a potential breakout.