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WIFUSD

WIF looks bearishNote: The volatility of this shit coin is high Considering that the trendline has been lost and we have a bear CH on the chart and the resistance range is strong, this bullish movement is expected to be a pullback. The targets are clear on the chart. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Short
by behdark
1
Which Way Will It Swing?WIF , also known as Dogwifhat, is making waves as a new meme cryptocurrency. On the 1-hour chart, it's sitting just under a tough resistance point, which is the price level it needs to break to continue its climb. This resistance has been tested before, and the price hasn't been able to push through yet. On the indicator side, the Stochastic Oscillator is suggesting that WIF might be sold more than it should be right now, hinting that a price increase could be on the horizon if traders take this as a buying signal. However, there's a bit of caution from the MACD indicator. While it shows that the trend has been up, the decreasing histogram points to the momentum slowing down a bit. This tells us that the strong buying push that WIF experienced recently is starting to lose some power. It doesn't mean the price will definitely fall, but it's a sign that the rapid rise might take a breather. The RSI is sitting at a comfortable middle ground, neither indicating an overbought nor an oversold condition. This neutral stance suggests that the market isn't leaning heavily in one direction. What we're seeing is a balance between buying and selling pressures. Combining these indicators, the current scenario for WIF is a standoff between the potential for further growth and a possible need for the price to take a break and stabilize. Traders might be watching for a sustained increase in volume, which would support a push through the resistance level, or a fall in volume, which could see the price retract to stronger support levels where it has stopped falling before. In simpler terms, WIF is at a spot where its next move is not clearly defined by the indicators, and it could either break out and rise if there's enough buying interest or dip to find support if the sellers take over. Watching the volume and news for any developments that could sway market sentiment will be crucial for anyone trading WIF. Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts, and share it with your friends.
by MonoCoinSignal
Arthur Hayes Predicts Dogwifhat (WIF) To Hit $10The price of CRYPTOCAP:WIF , the meme coin associated with the Dogwifhat community, has skyrocketed by an astounding 80%. This surge comes on the heels of the completion of community funding efforts aimed at a grandiose plan involving the iconic Las Vegas Sphere. BitMEX co-founder Arthur Hayes has added fuel to the fire by predicting a further surge in WIF's price, foreseeing it reaching $10. Such bold forecasts have ignited discussions and speculation within the crypto community, further propelling interest in WIF. The surge in CRYPTOCAP:WIF 's price, which has exceeded $3 for the first time, is particularly noteworthy amidst a broader trend of meme coins struggling to maintain their momentum. However, CRYPTOCAP:WIF has managed to defy the odds, securing its position as the fourth-largest meme coin by market capitalization. The ambitious plans of the Dogwifhat community to leave their mark on the Las Vegas skyline have captured the attention of investors and enthusiasts alike. With the completion of community funding, efforts are underway to secure ad space on the exterior dome of the Las Vegas Sphere—a digital marvel renowned for its immersive entertainment experiences. The fundraising, which initially aimed to raise $650,000, saw donations exclusively accepted in USD Coin (USDC). Recent reports indicate that the target has been met, paving the way for the Shiba Inu mascot, emblematic of the Dogwifhat community, to be prominently displayed on the Las Vegas Sphere. This ambitious endeavor not only showcases the passion and dedication of the Dogwifhat community but also underscores the growing influence and potential of meme coins within the broader crypto landscape. As meme coins continue to capture the imagination of investors, WIF stands out as a symbol of innovation and community-driven initiatives. Moreover, the surge in CRYPTOCAP:WIF 's price reflects a renewed confidence in meme coins, particularly those within the Solana network. With Solana experiencing a significant uptick in price and investor interest, meme coins built on its platform, like WIF, are positioned to capitalize on the positive sentiment surrounding the ecosystem.
Long
by DEXWireNews
WIFUSD The frenzy is approaching a technical Resistance.Dogwifhat (WIFUSD) has been the revelation of the last 3 weeks as during that time it grew by more than +1000%. This rally is mostly euphoria driven and the frenzy may very well push even higher. But we can't neglect the technical Resistance levels along the way. The strongest of them is the top (Higher Highs trend-line) of the Channel Up pattern since it first started trading. The 1D MACD formed a Bearish into Bullish Cross pattern and last time we saw this was on January 25 2024, when the price started pulling back. In that sense, a short-term correction back to the 1D MA50 (blue trend-line) and Support 1 (1.01500) is a realistic scenario if the market is to find new buyers. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:WIFUSDShort
by TradingShot
2
Market Update - March 7, 2024 BTC ATH breaks historical four-year halving cycle trend: Bitcoin (BTC) broke above the $69,000 mark this week, setting a new all time high of $69,324 on Tuesday morning. Despite common consensus of a post-halving bull run in the cards, like others that occurred in past four-year cycles, the market appears to be responding positively to the upcoming BTC halving and moving earlier than anticipated. ETH holds firm despite sell off and ETH ETF delays: A sell-off following the BTC price run, as well as the SEC’s announcement to delay the decision deadlines on the spot Ethereum (ETH) ETF applications from Blackrock and Fidelity, had little impact on the price of ETH, with the market focusing on the anticipated launch of the network's Dencun upgrade, which is set to go live in the coming days. Michael Saylor's MicroStrategy is looking to raise $600M to buy more BTC: MicroStrategy (MSTR) has announced plans to raise $600M by selling convertible debt in a private offering, for the alleged purpose of acquiring more bitcoin, taking advantage of the recent price run, and adding to its 193,000 BTC stack. Meme coin mania is back: Momentum gathered for the six meme coins currently populating the top 100 list of cryptos by market cap, with multiple triple-digit percentage gains across the board, made up of DOGE, SHIB, PEPE, BONK, WIF, and FLOKI. Coinmarketcap data currently show the aggregate market cap of all meme coins standing at approximately $60B, with $30B in trading volume over the past 24 hours. The flurry of activity particularly across meme coins may suggest retail investors are beginning to return to the market or new retail participants are entering the market.. Soon, but not too soon for US interest rate cuts: Federal Reserve Chair Jerome Powell told House lawmakers on Wednesday that interest rate cuts are likely "at some point" in 2024, but not in the near future. ⏳ Topic of the Week: What is the Bitcoin halving? 👉Read more here
GEMINI:BTCUSD
by Gemini
WIF NEW UPDATE (4H)This analysis is an update of the analysis that you can see at the bottom of this page, in the related analysis section The resistance of the previous analysis was cleared and a flip zone was created for us. Examining the waves, it looks like we have a diametric that has now ended wave C and entered wave D of this diametric. Each wave of this diametric is between 19 and 12 days. By maintaining the flip range, we expect a rise from WIF For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
3
WIF - New coin, is 1400% possible? Here is whyWIF is another meme coin with a doge with a hat logo. A lot of exchanges are starting to list this coin, so prepare for a massive pump, but I need to warn you. You need to take profit when the pump ends; otherwise, you may be stuck in a bad trade for a long time (years). But in the short term, this coin can return 15x your investment. From a technical perspective, we can see that the coin is near its all-time high, which is really bullish. I see a strong impulse wave as well, which adds to my bullish bias. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades. The meme coin WIF turned out to be one of the biggest hits in the Solana ecosystem recently, alongside bonk (BONK) According to the blockchain analytics platform Lookonchain, the whale calls themselves a “Binance insider” and “seems to want to tell everyone” that the token will be listed on the largest exchange by trading volume. WIF wouldn’t be the first Solana meme coin supported by the company (assuming it really has intentions to embrace it). In December, Binance listed Bonk Inu (BONK), contributing to the token’s all-time high price rally and its brief market cap ascent above $2 billion.
Long
by Xanrox
17
WIF LOOKS BEARISHWith bearish iCH and iBOS, it has a bearish structure on the chart. The price has reached a good supply. The price is expected to reach the green box with volatility. We have specified the targets on the picture. Closing a daily candle above the red box will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Short
by behdark
5