Trading Signal For WIFUSDT Trading Setup:
A Trading Signal is seen in the WIFUSDT dogwifhat (4h)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 2.314
⭕️SL @ 2.047
🔵TP1 @ 2.825
🔵TP2 @ 3.189
🔵TP3 @ 3.803
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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WIFUSDT
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
25% Possible Gain on WIFWe have made a reversal down to the EMA50 in the last few days and it looks good so far if we hold it. An interesting point is the $3.2 zone, where a lot of liquidity is expected. This could lead to a price increase of up to 25%. Mark the zone on your charts. You will see how the price will soon interact with it.
Has WIFUSDT's Bullish Run Hit a Key Turning Point?Yello, Paradisers! With #WIFUSDT reaching recent highs, have we hit the peak, or is there room for more? Let’s break down the latest technical insights on WIFUSDT’s path after a clean trendline breakout on the 4H chart and a confirmed higher high.
💎#WIFUSDT has shown impressive bullish momentum, setting a new structure with the price pushing upward. However, the potential for a pullback looms, which could offer a prime opportunity for entry. Here’s what you need to watch closely.
💎Following the breakout and higher high, probability of wifusdt ,we could see a retracement to the 0.618-0.66 Fibonacci level, aligning with the fair value gap (FVG) around 2.423-2.401. This area intersects with a trendline, making it a potential consolidation zone where price may stabilize or bounce.
💎Should the retracement deepen, the primary support zone is established at 2.331-2.297. This level could act as a critical floor for WIFUSDT, providing stability if the price faces more downward pressure.
💎On the upside, WIFUSDT will face initial resistance around the recent higher high at 2.698. If bullish sentiment sustains, the next significant resistance area stands between 2.846-2.899. Breaking this could signal further upside momentum.
💎The bullish structure would be invalidated if the price closes below 2.29, which would signal a breakdown of both support and the trendline. This would be a critical shift, potentially marking the end of this bullish phase.
Stay vigilant and disciplined, Paradisers, as we’re at a key juncture that could either reinforce the current trend or indicate a shift. Always remember, consistency and strategic planning are essential in navigating these setups.
MyCryptoParadise
iFeel the success🌴
$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.
Sell WIF/USDT Wedge Breakout in H4The WIF/USDT pair on the H4 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the downside in the coming Days.
Key Points:
Sell Entry: Consider entering a short position around the current price of 2.61, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2.22
2nd Support – 2.03
Stop-Loss: To manage risk, place a stop-loss order above 3.01. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
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.
WIFUSDT Breakdown Confirmed: Is a Bigger Drop Coming? Yello, Paradisers! Is #WIFUSDT about to extend its decline? With a rising wedge pattern broken and key levels in sight, things could get intense soon! Here’s the critical breakdown:
💎#WIFUSDT has been consistently forming higher highs and higher lows. However, a rising wedge pattern developed, with multiple taps on the upper side acting as resistance. The wedge has now broken to the downside, confirmed by a retest of the support, and signaling a potential continuation of the bearish trend.
💎After the breakdown, there’s a high probability that WIFUSDT will retrace back to the 0.618-0.66 Fib zone for a retest. This area could provide a temporary bounce, but the overall trend remains bearish.
💎If WIFUSDT continues to fall, we could see a deeper correction taking the price to this crucial Fib level 0.786 which is around 2.38-2.30. A strong support zone around 2.03 , If the broader market weakness persists, this is where the next major stop could be. Keep an eye on this level as it could act as a solid floor.
💎There’s also a probability that WIFUSDT might spike upwards towards the supply zone, which aligns with the 0.786 Fibonacci retracement. However, even if this happens, the move will likely be followed by a further drop, so beware of potential bull traps in this zone.
💎The bearish thesis will be invalidated if we see a candle close above the supply zone at 2.9946.
Stay cautious, Paradisers. The market is showing signs of weakness, and the next leg down could be significant. Keep these levels on your radar!
MyCryptoParadise
iFeel the success🌴
WIF ANALYSIS🔮 #WIF Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #WIF. It's a daily time frame breakout and we will see more higher price in long-term. Already a successful retest is done, we woulf see proper a rally in few days 📈📈
💸Current Price -- $2.378
📈Target Price -- $3.813
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#WIF #Cryptocurrency #Breakout #DYOR
WIF Stuck in a Wedge Pattern: Patience is Key For a BreakoutWIF is forming a very long but distinct WXYXZ wedge pattern, tightly confined within its channel. The structure is clear, with repeated ABC corrective waves confirming the pattern’s integrity. While the setup is clear, it suggests we may have to trade within the boundaries of the channel for now.
For those looking to trade short-term, focus on the key levels within the wedge, but be prepared to wait patiently for the eventual breakout—it could take time, but when it happens, it should be significant.
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.
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) - $4.80
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$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 :)
Sellers Ready to Take Control? WIFUSDT Facing a Critical Moment!Yello, Paradisers! Have you been tracking #WIFUSDT’s recent price action? After hitting the crucial retracement levels of 75-80%, WIF has started to lose momentum, with buyers struggling to maintain control.
💎If bulls fail to step in soon, #WIF could see the break of psychological support of $2.0, which would then expose the price towards further downside initially targeting $1.90 minor support level. This is where price could take a minor reaction however, if momentum remains weak price would then put the strong support region of $1.650 to $1.580 into focus. This is where a confluence of support levels exists that could lead to a substantial recovery or a powerful reversal.
💎These strong support levels are where strong confluence is found, making them critical areas to watch for potential price stabilization or even a robust reversal. Should buyers show up here, we could see a notable recovery. However, until bulls regain control, WIF remains vulnerable to further declines.
💎WIF has a strong resistance zone at $2.650 to $2.80, which has already proven to be a significant barrier, halting the major rally. For bulls to regain momentum, they need to secure acceptance above this region. Failure to break through could keep sellers in charge, maintaining bearish pressure on the price action.
Stay sharp, Paradisers! If you want to survive in this volatile environment, always play it safe and focus on levels that matter.
MyCryptoParadise
iFeel the success🌴
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