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.
Wif
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.
WIF daily 100% gains buy/hold V-shape recovery setup for bulls🔸Hello guys, today let's review daily price chart for WIF . Noteworthy V-shape recovery in progress, with a decent sequence of higher lows, so overall chart looks good for further gains. limited downside currently.
🔸Strong gains previously in September/Octber, right now re-accumulation
in progress so expecting more gains in this market in November 2024.
🔸Recommended strategy bulls: bullish structure and compression in progress. Accumulate near market price in the highlighted zone. Price target for the bulls is 4.50 USD, so it's a 100% BUY/HOLD trade setup. good luck traders.
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Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
WIFUSDT: Brace Yourself for a Wild Ride!BINANCE:WIFUSDT.P has shown some serious bounce-back power, climbing up and breaking through important resistance levels. After a healthy correction back to the previous resistance, it’s now ready for another possible upward move. With the current meme coin craze driving up prices everywhere, BINANCE:WIFUSDT could follow a similar path and catch some bullish momentum. But remember, as always, be cautious and only invest a small part of your capital to manage risk effectively. Let’s see if BINANCE:WIFUSDT can ride the wave of the meme coin rally!
BINANCE:WIFUSDT Currently trading at $3
Buy level: Above $2.9
Stop loss: Below $2.4
TP1: $3.5
TP2: $4
TP3: $4.8
TP4: $6
Max Leverage 3x
Always keep Stop loss
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#WIFUSDT Lucrative Futures Trade Setup!WIFUSDT Lucrative Trade Setup!
- Entry: $2.50 to $2.73
- Stop Loss: $2.18
- Targets:
- $2.95
- $3.15
- $3.44
- $3.78
- $3.92
- $4.03
- Leverage: Adjust based on your risk appetite; 3x leverage is recommended.
DYOR, NFA
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The Banana Zone Series - WIF Buy the Dip Levels (7 of 10)Alt-season is here. BTC breakout has been confirmed. If you missed positioning for the next level of exponential moves, what are some of the buy the dip zones while still have time for the bigger moves into the banana zone.
We continue the series with WIF.
As you can see in my analysis, pull backs to $2.45 and below is my new accumulation zone. I will initiate some leveraged longs for new trades in preparation for the moves to the banana zone in the alt season.
For more aggressive traders, $2.55 and below can be the trigger longs with tight stops.
Not a financial advice so DYOR.
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
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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