COIN NAME : #WIF/USDT
SIGNAL TYPE : LONG
This chart shows WIF/USDT on a 4-hour timeframe. The price is forming a descending triangle pattern (yellow lines), suggesting a potential breakout. The price has recently tested the lower trendline and is showing signs of reversal.
A buy entry could be placed once the price breaks above the upper trendline of the triangle, around $0.62, signaling a breakout. Watch the RSI, currently at 57, for confirmation of increasing bullish momentum, and observe the MACD for a shift to positive momentum.
This chart shows the OTHERS on a 4-hour timeframe. The price recently dropped and found support at a key level, marked by the horizontal yellow line, which suggests potential for a bounce.
Price Action: After hitting the support zone, the price has moved upward and is now testing the resistance at the upper yellow line. A breakout above this resistance could indicate further upside.
MACD: The MACD is showing increasing bullish momentum, supporting the idea of a potential continuation to the upside.
RSI: The RSI is at 65, suggesting the market is approaching the overbought territory but is not yet too extreme, indicating room for further upside.
Watch for a break above the resistance for further gains.
Entry price-0.602
1st tp- 0.653
2nd tp-0.783
3rd tp- 0.889
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