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WIFUSD trade ideas

Head and Shoulders, Knees and Toes… and $7.6000? WIFUSD is demonstrating strong bullish momentum as it continues to trade above the EMA Ribbon, which remains in an upward trajectory. This alignment signals ongoing market strength. The recent breakout above the neckline of a Head and Shoulders pattern at the $3.0000 level was pivotal, confirming a bullish reversal. The price structure shows a consistent formation of higher lows, indicating sustained buying pressure. Currently, the price is testing the key resistance at $4.8000. There are two scenarios to consider here: a rejection and retracement back to the $3.0000 support zone for accumulation, or a clean breakout above $4.8000, which would likely open the path towards higher targets. If we project the distance from the neckline of the Head and Shoulders pattern, a potential bullish target emerges at the $7.6000 level. Notably, the Signal Builder previously signaled a bearish move that was invalidated, followed by a strong bullish signal aligning with the current momentum. 👨🏻‍💻💭 What’s your take on WIFUSD? Let’s discuss the next big moves! _________________________________________________________________ The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc.
CRYPTO:WIFUSDLong
by 3Commas
2
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. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: 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.
CRYPTO:WIFUSDLong
by ProjectSyndicate
11
WIFUSD is breaking above its 6-month Channel Down and targets 75Dogwifhat (WIFUSD) closed last week above the 1D MA200 (orange trend-line) for the first time since the week of July 22 and hit the top of its 6-month Channel Down. On the long-term cyclical outlook, this Channel Down can technically turn out to be nothing but a Bull Flag in the continuation scale of the Bull Cycle. If this week's 1W candle manages to close above the Channel Down/ Bull Flag, we expect at least another +6842% rise, similar to its first one, and target $75.000. The 1W RSI and MACD both support this bullish scenario as the first already broke above its MA line on September 16, while the 1W MACD just completed a Bullish Cross, its first ever. ------------------------------------------------------------------------------- ** 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:WIFUSDLong
by TradingShot
Wave 5 Target for WIF now that Wave 4 has endedThis is my area of interest for a top on WIF to complete its first cycle. I don’t hold this crypto in my portfolio, mainly because it did not reach my desired target on its latest correction. I needed a higher projected ROI before adding it, but I’ll still share my analysis. This projected target area of $6-$7 is based on the inverse of Wave 4. If an extended 5th wave happens, we might see $10-$16. However, that’s not what I’m expecting because Wave 3 is certainly extended @ 9.618 of Wave 1. At most, I believe we see a match of Wave 3 in relation to Wave 1 and this same 9.618 extension from the bottom of Wave 4 aligns with one of three methods used to project Wave 5 targets. 1. Wave 5 is equal to Wave 1. ($1.95 and it’s already above that price) 2. Wave 5 is equal to 0.618 of Waves 1 & 3. ($4.44 and no new ATH would be reached) 3. Wave 5 is equal to 1.236 - 1.618 the inverse of Wave 4. ($5.66-$6.96 and 9.618xW1 is ~$6.01) The third method outlined is the only one that still sets a new ATH and would also have confluence with a matching Wave 3 at 9.618 times the length of Wave 1. I also advise caution around the $5.50 area due to confluence with 1.236 inverse of Wave 4 and only an 8.618 multiple of Wave 1. I often see Wave 5’s in crypto finish 1 Fibonacci level lower than the Wave 3 of the same degree, which would be the 8.618 in this case.
CRYPTO:WIFUSDLong
by SqueaksUofA
Why sub $1.20 will be a good long entryThis is my current EW count for WIF. If we get the chance, buying below $1.20 offers a 4-5x reward if it can reach my Wave 5 target area between $6.40-$7.20. I believe the recent bump up off the lows is just a corrective sub wave 4 on the C leg of an ABC for Wave 4. The reason WIF had such a big correction after it’s Wave 3 is likely due to an extended sub wave 5 and the fact that large corrections usually revisit the previous 4th wave price range of a lower degree. I like the 0.786 retracement of Wave 3 as the most likely bounce spot to begin the final 5th Wave. Best of Luck to Everyone!
CRYPTO:WIFUSD
by SqueaksUofA
WIF Price Reversal Targets $5Current Price: WIF trading above the $2 psychological mark after a bullish reversal at $2.18. Demand Zone: Reversal undermines the breakdown of the crucial $2 demand zone. Recent Surge: WIF price jumps by nearly 50% in the last seven days. End of Correction: Bullish reversal marks the end of the correction phase within a falling channel pattern. Momentum Gain: The meme coin gains momentum, suggesting a continued uptrend. Fibonacci Levels: Buyers need to surpass the 50% Fibonacci level at $2.43 for an extended uptrend. Broader Market Uptrend: Sustained bullish momentum aligns with the broader market recovery. New All-Time High Potential: WIF price might create a new all-time high in July. Key Targets: Potential to surpass the $4.58 mark. Psychological Milestone: $5 seems a suitable target for the ongoing uptrend.
CRYPTO:WIFUSD
by Coinpedia-Market-Insight
WIF to 10Billion USD Market Cap⛑️WIF is more than just a dog wearing a hat; These are the famous words on the website of dogwifhat. Just like BYBIT:BONKUSDT , WIF is shaping a new era in finance and technology on Solana chain. This is another meme token on Solana and idea is simple bring as much traffic as possible to the Solana Chain. That's why Binance listed Wif after it made more than 500x. This token first need to make a correction around %70 to %80 before doing anything proper. I might be wrong to take a short position from here but at one moment that correction is needed for a healty growth. As CRYPTOCAP:SOL reach new highs like $500 $800 in this year. This meme token will bring as much people as possible to the chain. That's what I think when everything go into the Euphoric phase. I'm just a simple TA guy learning and testing new ideas. This token won't make you millioner. It's just a simple token to have fun. 💸: If the price hits to this Emoji on the chart, I will make my purchases in 3 different times. Please always dyor and I'm not your financal advisor and this is not a financial advise. If it does not work for me I have nothing to to lose as I put my buy orders to the %70 correction line. This token already made 1000x + more. Please be careful.Good luck. Will update it time to time. Let me know what you think of it.
CRYPTO:WIFUSDLong
by MinimumWagerLvl1
12