Wifusdtidea
Dogwifhat (WIF) price drops 11% – analysisDogwifhat (WIF) price reached its highest levels since March 2024 earlier this month, reflecting an astonishing 1386% gain for the year. However, WIF has faced a correction, declining roughly 11% in the last 24 hours as bearish signals intensify.
Momentum indicators like the Ichimoku Cloud and ADX show strong bearish trends, with sellers firmly in control of the market. Whether WIF can hold key support levels or recover enough strength to test resistance zones will define its short-term trajectory.
Since early December, the price action has consistently made lower highs and lower lows, with the latest movement showing an aggressive bearish drop.
ADX is currently at 47, up from 36 yesterday, signaling a strong and growing trend. However, with WIF in a downtrend, the rising ADX indicates strengthening bearish momentum. This suggests the downward movement is likely to continue, as sellers remain dominant in the market.
On the chart, EMA lines currently display a bearish configuration, with short-term EMAs positioned below long-term ones. This setup suggests continued downward pressure, and WIF is likely to test the support at $2.19.
If this level fails to hold, WIF price could decline further, potentially reaching $1.88 as the next significant support.
On the other hand, if WIF price manages to reverse its downtrend and regain positive momentum, it could challenge the resistance at $2.91.
A successful breakout above this level could pave the way for further gains, with targets at $3.47 and possibly even $4 if the uptrend gains strength.
#WIF - Next leg up loading -> Min 40% Are you ready for the next leg up for BINANCE:WIFUSDT ?
Price is now inside the massive bullish swing retrace:
1. Just hit 0.618 retrace
2. Is forming a huge 4h hidden bullish divergence on both RSI and Stochastic RSI (continuation pattern for beginners)
3. There is plenty of liquidity above those juicy high wicks
Pack your bags now, you don't want to miss this one, it's close to 50% to break the nearest high!
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WIFUSDT - Blue Box as a Buy ZoneAs the price climbed, it left behind a clean demand zone, indicating an area where buyers were active and likely to defend. This zone could potentially act as support if the price retraces, providing a favorable area for long positions.
Key Notes:
Demand Zone: Blue Box Area
Market Sentiment: Buyers appear strong in this area.
Watch for potential retests of the demand zone for confirmation of strength.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
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WIFUSDT New ATH Soon!WIFUSDT Technical analysis update
BINANCE:WIFUSDT is moving towards its previous ATH level, which is expected to act as major resistance. High trading volume has been observed near this resistance over the past few days. The price has been confined within a range for the last 250 days, and after this ranging period, it is now approaching the resistance level. If a breakout occurs, a significant bullish move can be anticipated.
WIFUSDT: Brace Yourself for a Wild Ride!BINANCE:WIFUSDT.P has shown some serious bounce-back power, climbing up and breaking through important resistance levels. After a healthy correction back to the previous resistance, it’s now ready for another possible upward move. With the current meme coin craze driving up prices everywhere, BINANCE:WIFUSDT could follow a similar path and catch some bullish momentum. But remember, as always, be cautious and only invest a small part of your capital to manage risk effectively. Let’s see if BINANCE:WIFUSDT can ride the wave of the meme coin rally!
BINANCE:WIFUSDT Currently trading at $3
Buy level: Above $2.9
Stop loss: Below $2.4
TP1: $3.5
TP2: $4
TP3: $4.8
TP4: $6
Max Leverage 3x
Always keep Stop loss
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#WIFUSDT Lucrative Futures Trade Setup!WIFUSDT Lucrative Trade Setup!
- Entry: $2.50 to $2.73
- Stop Loss: $2.18
- Targets:
- $2.95
- $3.15
- $3.44
- $3.78
- $3.92
- $4.03
- Leverage: Adjust based on your risk appetite; 3x leverage is recommended.
DYOR, NFA
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$WIFUSDT Set for Takeoff - Memecoin Momentum Building!BINANCE:WIFUSDT has taken a small correction after hitting resistance, but it’s now poised for an upward move. As a memecoin on the Solana blockchain, BINANCE:WIFUSDT is positioned well to capitalize on the current trend in the memecoin market. With growing interest and momentum, we can expect a boost in price soon. Keep an eye on this one for potential gains!
BINANCE:WIFUSDT Currently trading at $2.6
Buy level: Above $2.45
Stop loss: Below $1.95
TP1: $2.9
TP2: $3.5
TP3: $4
TP4: $5.5
Max Leverage 3x
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WIF 2.567 Long! An anomalous point on the chart!🤖🔥🚀 An anomalous point has been detected on the WIF chart!
🔥 The chart has a nice nudge to the level formed by the Limit Seller.
🚀 WIF 2.567 Long!
Breakout entry pattern
First target 2.937
Second target 3.167
Third target 3.454
💡 WIF is a volatile coin, so use leverage no more than 20x!
Stop short
$WIF Breakout Alert: Targeting 89% Gains!CRYPTOCAP:WIF is breaking out from a symmetrical triangle pattern on the 4H chart, which often indicates a potential continuation move.
📈 Entry Point: $1.55 - $1.60
🎯 Targets: $2.20, $2.60, $3.00
❗ Potential Gain: 90% to the upside.
🔄 Trading Strategy: Watch for a sustained breakout above the resistance line. A stop-loss of around $1.330 could be considered to limit downside risk.
📢 DYOR, NFA
#Crypto
$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
WIFUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity.
Everything on the chart.
Still waiting for last upward movement in final wave of (v).
Entry: Market and lower
Targets: 5 - 7 - 10
after first target reached move ur stop to breakeven
Stop: (depending of ur risk).
ALWAYS follow ur RM
risk is justified
It's not financial advice.
DYOR!