WIFUSDT trade ideas
WIFUSDT(dogwifhat) Daily tf Range Updated till 01-07-24WIFUSDT(dogwifhat) Daily timeframe range. fairly new PA here as of that it got good amount of trading opportunity from both sides. free money if one can catch those setups. for now trying to get over 2.3197 need a valid close for that to move forward. local retrace point at 1.5733.
Wif LongWIF/USDT has recently broken out of an inverse head and shoulders pattern on the 4-hour timeframe, suggesting a potential rally of 35-40%. It is recommended to consider entering the market within the $2.16 to $2.28 range to take advantage of the projected upward movement.
WIF/USDT BREAKOUT DONE! READY FOR A 40% PUMP!!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis.
WIF/USDT breaks out from the inverse head&shoulder pattern in 4hr time frame. After this breakout we can expect a good 35-40% rally from here. Long some here and add more in the dip.
Entry range:- $2.16-$2.28
Targets:- $2.46/$2.72/$3.06
SL:- $2.06
Lev:- Use low leverage (Max 5x)
WIF/USDT is moving above a buy zone.The WIFUSDT is moving around the buying zone, from which a potential rebound may result in an increase of approximately: 28%, 56%, 103% and 180%. It is worth including a stoploss around 1.4$ in case the BTC price starts to drop rapidly.
WifHi The token came to the position set zone, I expect from the current reversal and a new uptrend, to the zone and balance, there I will fix the first profit
WIFExpecting not to revisit the previous day lows on this, so I bought spot.
As always, secure your profits if it does go up.
#WIF Rally Mode: Your Chance to Buy and Prosper!**Technical Analysis Chart Description:**
Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings:
1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions.
2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action.
3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis.
4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns.
5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses.
6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions.
**Disclaimer for Crypto Trading:**
Trading cryptocurrencies carries inherent risks, and it's important to understand the following:
Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses.
Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky.
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This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets.
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WIF — Bullish MACD Trade Setup — 28% PotentialMany of you told me they prefer a written trade setup of a video. That's why I put together the most essential facts about the signal in this post.
What Happened? 👇
WIF flashed a bullish MACD crossover on the daily chart. Simplified speaking, this happens when a shorter-term moving average moves above a longer-term average. Practically, it tells you that the token is getting some upward momentum, which can lead to a further price increase.
Is This Signal Reliable? 🧐
Unfortunately, we can't run proper backtests on the daily WIF chart simply because there's not enough data available yet. However, on higher timeframes, such as the daily chart, the MACD is considered a valid signal.
What About Other Indicators? 💹
Momentum indicators are neutral, which is absolutely fine. For trend indicators, we (logically) see a mixed picture of bullish and bearish indicators. The ADX shows a light trend, which further seconds the bullish trend.
How About The Chart And Potential? 📉
After its dump, WIF found support at the level of $1.6 and bounced nicely. Therefore, the chart looks promising for further gains and some room to run toward $2.5 - $2.6
$WIF possible playWIF is currently down by 64.80% from $4, and it's now trading below the equilibrium.
If it can hold 1.78 to 1.70, we'll be looking to LONG targeting 2.25 to 2.50 (equilibrium)
Flip to SHORT if it fails to reclaim 2.50, it can drop to 1.20 to 1.07
WIF 1DIf it flips bottom box to support on daily, this is an excellent trade.
Profit is about 7%.
Invalidation is failure to flip into support on daily.
This is a spot trade.
Riskiest Risk on WIFHit the bottom of the fib, the only way now is up, first going 2.2. This is catching a falling knife. Stop loss tight and bail if Bitcoin goes under 60.4k
$widusdt - ShortWill be planning on taking this Wif trade right here.
Clear break in to the range and if this retests 2.xx I'll look for a short.
WIF - Good time to enter a for Long term tradeBINANCE:WIFUSDT (1D CHART) Technical Analysis Update
WIF is currently trading at $2.5 and showing overall bullish sentiment
Price has hit it's long term support and clearly bounced back from it. We have clear opportunity for a long trade.
Entry level: $ 2.5631
Stop Loss Level: $ 1.8680
TakeProfit 1: $ 2.8583
TakeProfit 2: $ 3.1255
TakeProfit 3: $ 3.5231
TakeProfit 4: $ 3.9662
TakeProfit 5: $ 4.5981
Max Leverage: 2x
Position Size: 0.5% of capital
Don't forget to keep stop loss.
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GreenCrypto
#WIF/USDT ANALYSIS#WIF/USDT ANALYSIS
WIF is currently trading above the horizontal demand zone of a descending triangle. This suggests a potential bounce, with a breakout of the pattern confirming a bullish trend.
However, the Ichimoku cloud is also acting as resistance.
Conversely, a break below the triangle could signal a downward movement.
#WIF plan
as the market revealed its cards, setting out DCA plan as per chart, its wide range of 50% so make sure you DCA smartly & not be a degen
DEX chart with more data also gives the similar idea
WIFUSDTwif looking in bearish momentum, it can has potentiel to touch 1 in couple of weeks. but target has been provided for short term trades
WIF to crash for here?To me, this looks like textbook Wyckoff distribution and we are about to exit phae D and begin markdown. A reclaim of the range and this was a deviation and we'll head back towards the upper range, but below and it's lights out for this token.
WIFUSDT 1DLooking for a bounce from the descending triangle support on the #WIF daily chart. If it holds the support zone ($1.9489 ~ $1.8460), we can expect a bullish wave from there. The targets are:
$2.4745
$2.9300
$3.3855
$3.9490
$4.8600
LONG #WIFUSDTLONG #WIFUSDT from $2.2264 stop loss $1.7595
2h TF. We came to the area of interest and removed the liquidity pool along the lower boundary of the support level as well as the golden ratio. We left liquidity on top, a block + imbalance order was formed at the level of 2.8067, which indicates a hike to these levels. Against the background of dominance and news flow, I expect a breakdown of the upper boundary of the triangle.
WIF PriceThe Dogwifhat (WIF) price has regressed to the range lower neckline support around $2 and is at a make or break zone.
WIFUSDT might be ready to lift off soon.- Range low was tagged (Manipulation)
- Currently waiting for a bullish structure break to the upside for confirmation
- After confirmation -> Entry in Imbalance
