This chart depicts the WIF/USDT pair on a 4-hour timeframe, showcasing a cup-and-handle pattern—a bullish formation that suggests potential upside if a breakout occurs. The cup base forms strong support, while the handle's descending channel indicates a consolidation phase before a potential upward move.
The Total3 chart, shows a bullish cup-and-handle breakout on the weekly timeframe. The price successfully retested resistance around $1.04T, now acting as support, suggesting a continuation towards higher levels. Bollinger Bands indicate expansion, reflecting increased volatility. The Stochastic RSI at 90.75 signals strong momentum, though slightly overbought. The RSI Divergence Indicator at 71.59 confirms bullish strength above the neutral 50 level. Volume Profile highlights buying pressure, supporting further upward movement. This setup strengthens the case for W Coin’s bullish outlook.
The BTC.D chart shows Bitcoin dominance breaking down from a rising channel, indicating potential altcoin strength. The retest of the channel support confirms the bearish breakdown. Stochastic RSI at 8.65 highlights an oversold condition, suggesting a short-term pause in the downward move. The RSI Divergence Indicator is at 50.20, hovering around neutral levels, which confirms weakening dominance momentum. The Bollinger Bands are expanding, signaling increased volatility. A further drop toward 42% dominance aligns with bullish sentiment for altcoins, supporting W Coin's potential breakout.
Entry: 2.655 or Market Price
1st Tp: 2.787
2nd Tp: 2.865
3rd Tp : 2.955
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$WIF