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WIF / TetherUS

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WIFUSDT trade ideas

WIF TO $20The only other call I've made other than $VELO (still in play from18 months ago) Strong level to bounce from heading into the last quarter of the year, 6 month consolidation. CVD flipped bullish with a strong reaction from Previous Quarter VWAP. If there's anywhere to bounce from it's here and now with everyone rotating to Justin Sun TRX chain and liquidity leaving Solana at the lows. The market leaders have been WIF, POPCAT, MOG, AND PEPE. I wouldn't fade the dogwifhat. Take it from someone who bought and sold 1.8mill WIF tokens for 1.8 Solana. I kick myself everyday. Stops below the HTF low and take profit at crucial levels on the way up, if this low hold it's free swing into mania, good luck, it's not FA it's just a bet I'm taking personally that I believe the odds stack in my favour, I've been wrong plenty.
Long
by TorTrades
WIF Looking Good — Can We Get 2.25?WIF was one of the biggest gainers last week, adding almost 40%. Based on the chart, it is likely we'll see a continuation of the uptrend. Here's why: • WIF faced resistance at the psychological $2 mark. Actually, it's not surprising after the intense climb. • Afterward, WIF entered a descending channel you could interpret as a bull flag. • Typically, a descending channel after a pump is considered a continuation pattern. Accordingly, we should see a breakout to the top at some point. If this breakout happens, the price should quickly rise toward the level of 2.25 (calculated based on the previous pole flag). Therefore, you should pay close attention to the upper trendline.
Long
by ben_walther
Alikze »» WIF | Ascending wave 5🔍 Technical analysis: Ascending wave 5 - According to the analysis presented in the 12H time frame in the previous post , after not being able to break the supply zone, it followed a downward trend with a zigzag correction to the green box. - But currently it is moving in a downward channel in the daily time frame, which after creating a demand in the green box range, has now faced a zigzag correction after an upward wave. - Therefore, in the lower time frames, I expect a growth in the form of wave C to the ceiling of the channel after the break in the middle of the channel. - According to the movement structure, this complicated zigzag corrective wave 4 seems to have ended. - Therefore, if there is no stabilization under the green box area, we should see the channel failure. 💎 Also, corrective wave 4 should not overlap in the 0.53 cents area, in which case the bullish scenario will be invalidated. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« MEXC:WIFUSDT
Long
by UnknownUnicorn7266498
WIF — Strong Selling Pressure And About To Re-Visit $1.10 WIF is a perfect example of how volatile meme coins can be. A blessing for traders and nightmare for investors who bought the top. Just a couple of days ago, WIF almost hit 3 dollars. And today? The dogwifhat is about to revisit its crucial support at $1.10. So, let's have a look at the chart. After touching the $1.1 support during the Black Monday Crash, WIF has started to recover. However, when WIF printed an inverted U-shape, it quickly became clear that the recovery didn't look healthy. In addition, the sell pressure has been massive (check the chart). Even worse, on Thursday, WIF fell below a crucial support at $1.55 and continued its downtrend. Without support from the broader market (e.g., Bitcoin starts to pump like crazy), WIF will likely revisit the $1.1 support. At this point, it will be interesting to see whether WIF will print a double bottom or is on its road toward <$1
Short
by ben_walther
1
Phemex Analysis #13: WIF 63% & 86% Wild RIde!PHEMEX:WIFUSDT.P has exhibited extraordinary price action, plunging 63% from its recent peak and subsequently rallying 86% in a matter of days. Such dramatic swings highlight the inherent risk and reward associated with this asset. Potential Price Scenarios Given WIF's recent volatility, it's crucial to consider multiple price paths before making your trading decisions: 1. Bullish Continuation: If the current uptrend gains momentum, immediate resistance levels are at $2.0 and $2.35. However, a bearish macro environment could cap gains. Traders should monitor volume and RSI for confirmation of strength. 2. Potential Double Bottom: Alternatively, the price might form a second low around $1.0. Ideally, this low would be higher than the previous one, followed by a period of consolidation. A higher RSI compared to the first low could indicate a stronger base, making it a potential accumulation zone. 3. Bearish Breakdown: A decisive break below the $1.0 support with increased volume signals a potential significant downtrend. Given WIF's correlation with BTC, a sharp decline in Bitcoin could exacerbate downside risks. Exercise caution in such conditions. Trading Considerations Risk Management: Due to WIF's high volatility, implementing strict stop-loss orders is essential. Leverage: Using high leverage in WIF trading can easily lead to liquidation. Carefully consider leverage to manage risk effectively. Market Sentiment: Stay informed about overall market trends and sentiment, particularly Bitcoin's, as they can significantly impact WIF's price. This analysis provide a potential outlook and trading consideration for WIF's price movement. However, it's essential to conduct thorough research before making any trading decisions. Note: Pulse is offering $500 PULSE to all new Phemex users. Sign up for Pulse quickly! 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.
by Phemex