#WIF/USDT#WIF
The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern and was broken to the upside.
We have a bounce from a major support area in green at 1.50
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward.
Entry price is 1.90
The first goal is 2.32
Second goal 2.68
Third goal 3.10
WIFUSD
WIF ANALYSIS (1D)WARNING: This symbol has high volatility, it is better to scalp on this symbol
This famous symbol of Solana network seems to have entered the correction.
From where we placed the red arrow on the chart, it seems that the WIF correction has started.
Correction looks like a complex pattern like diametric.
We are looking for sell/short positions in the red range and buy/long positions in the green range.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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.
WIF: Channel Up BreakoutTrade setup : Trends are mixed. Price had a bearish breakout from a Channel Up pattern, which could be followed by further weakness and downside risk to $2.00 support.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) - initiate a trade when the price breaks through the channel's trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Strong Down, Medium-term trend is Neutral and Long-term trend is Down.
Momentum is Bearish but inflecting. MACD Line is still below MACD Signal Line but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing an upswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $2.00. Nearest Resistance Zone is $3.50, then $4.20.
WIF: Channel UpTrade setup : Price is in an Uptrend, trading in a Channel Up pattern. Swing Traders can trade the channel: enter near channel support trendline and exit near channel resistance trendline. Near-term upside potential to $4.25.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) - initiate a trade when the price breaks through the channel's trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Strong Up, Medium-term trend is Strong Up and Long-term trend is Strong Up.
Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $2.00. Nearest Resistance Zone is $3.50, then $4.20.
$WIF LONG - 2021 $DOGE vs 2024 $WIFCRYPTOCAP:WIF is the 2024 version of 2021 CRYPTOCAP:DOGE , except even better (wif a hat)
similar chart structure
strong advance up similar to CRYPTOCAP:DOGE , leading to ~3 month re-accumulation, targeting the same fib (14.618) which would be a 10x from here at ~ SGX:40B market cap ($42.069B market cap for the memes)
would not fade the hat, this is the strongest meme coin on CRYPTOCAP:SOL , CRYPTOCAP:SOL is the strongest blockchain in the space, with all the mindshare currently.
have been in this coin since december, at prices less than $0.10, and have added to my bags in this range.
NFA GL HF.
HAT. STAYS. ON.
-@CryptoCurb
#WIF/USDT#WIF
The price is moving within a 12-hour downtrend channel that it is firmly committed to, and has just broken through
We have a support area at 2.40 and we bounced from it at the lower border of the channel
We have a tendency to stabilize above the Moving Average 100
We have a bearish RSI and are about to break out
Entry price is 2.80
First target 3.38
Second goal 3.82
Third goal 4.38
WIFUSDT#WIF Meme Token Chart Update: has formed a symmetrical triangle formation. It is currently trying to hold above the resistance level. If it maintains above the resistance, it will confirm the upward momentum, and we could see some significant rises. This means a new ATH could be reached soon. The expected scenario is as shown in the chart.
WIF looks bearishThe large structure looks like a diametric that is now in wave D of this large diametric.
Wave D itself looks like an ABC, we are now in wave b of D.
Wave b also seems to be a diametric that we are now in wave e of this diametric.
We have specified the fluctuations we expect from WIF on the chart.
By maintaining the red range, it can drop further down. We are looking for sell/short positions in the red range.
The targets are clear on the chart.
Closing a daily candle above 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
WIF/USDT 4HOUR CHART UPDATE !!Hello friends, welcome to this WIF/USDT update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the WIF/USDT 4-HOUR update.
Currently, WIF is traversing within the confines of a symmetrical triangle pattern. Recent price action indicates rejection from the resistance trendline, where both the MA 100 and the Ichimoku cloud have acted as formidable barriers. The Relative Strength Index (RSI) is positioned within the neutral zone, signaling a state of equilibrium between buying and selling pressures. As the price oscillates within this geometric formation, investors and traders are advised to exercise patience and await a decisive breakout or breakdown of the triangle, as this will confirm WIF's next directional move.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
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
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.
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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.
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.
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WIF About to hit 2.5 USD2.19 is holding super strong for the shortterm timeframe, for over 1 hour now WIF has tried to break 2.19 but everytime it comes down it jumps up again..
This is not even a TA ,i just saw this "bullflag" on shorter TF and think it will hit pretty good as soon as we break resistance at 2.3 USD wich we will do within 1-2 hour i believe..






















