wifSupport and press the rocket to cheer me up
Observe the ten percent loss limit
Stay away from Bitcoins
Feel free to buy and sell and post your comments
WIFUSDT
WIF NEW INCREASE VOLUMEWIF shows a new increase in volume, which could be confirmed in the coming time frames.
We will follow the coin to see if it's able to confirm.
The reason for the volume is the trend data that this coin shows.
This coin is at basic choice on daily trends.
WIFUSDT.1HOn the WIF/USDT chart, we see a currency that's experienced some volatility, creating a series of peaks and troughs. The price is currently in a transitional phase, as indicated by several technical elements:
Ichimoku Cloud: The price is currently below the Ichimoku Cloud, suggesting a bearish outlook. The Cloud could act as resistance if the price attempts to rise.
Resistance (R1): A potential resistance level has been plotted at around 3.1357 USDT. If the price were to rally, it might encounter selling pressure near this level.
Support (S1): The identified support level at 2.0365 USDT might provide a floor for the price if it continues to fall.
RSI (Relative Strength Index): It's at a moderate level around 59.78, indicating that there's neither excessive buying nor selling pressure at the moment.
MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, suggesting bearish momentum, although the histogram shows the momentum is not aggressively bearish.
Given the price's position below the Ichimoku Cloud and the bearish MACD, the sentiment seems to lean towards the downside. However, with the RSI not at extremes, there might be room for some price recovery or sideways movement. Watching for any potential crossover in the MACD or an increase in the RSI could provide early signs of a change in trend. It's essential to integrate such technical insights with broader market analysis for informed trading decisions.
WIF Wyckoff Distribution PhaseHi all, this is just a journal for myself trying to apply wyckoff strategy in crypto. Seen this on wif and kinda look like we are already on top. Knowing Bitcoin have already broken out all time high but this struggle to go further. Aiming $1.9 for short term target. I wouldnt buy this meme at this valuation tbh. Not a financial advice, and dyor! Cheers!
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
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
WIF Has formed a divergence at the support zone WIF Has formed a divergence at the support zone. Soon it should go up
🔵Entry Zone 0.2939 - 0.3064
🔴SL 0.2735
🟢TP1 0.3312
🟢TP2 0.3669
🟢TP3 0.4000
🟢TP4 0.4407
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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
