The WIF/USDT 3-day chart indicates a bullish long-term outlook. Price is forming an ascending triangle pattern with resistance at $2.89, targeting $18.99. RSI at 41.65 suggests neutral momentum, while Stochastic RSI at 7.55 signals oversold conditions, indicating potential recovery. Strong support near $1.75 aligns with the ascending trendline, supporting bullish continuation over the longer timeframe. Your bullish perspective for WIF aligns well with this technical structure.
The OTHERS/USDT daily chart suggests a bullish long-term outlook despite short-term bearish pressure. A falling wedge pattern is forming, with potential for a breakout targeting $548.89B. Stochastic RSI at 3.90 indicates oversold conditions, signaling potential recovery. RSI at 41.53 reflects neutral momentum, while EMA ribbons provide strong support. The chart aligns with a bullish continuation in the longer timeframe, supporting your view on WIF and the broader market's long-term potential.
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The liquidation heatmap indicates bearish short-term pressure for WIF, with significant liquidations near $2.10. However, strong support around $1.90 suggests bullish accumulation for the longer timeframe.
Trade Details:
Entry: Around 1.700 ( Join my Binance live for premium crypto signals )
1st Tp: 3.779
2nd Tp: 6.854
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