Popular fresh meme coin – Dogwifhat
📊 CoinMarketCap Rank: #102
🐦 Twitter (X): 152K followers
💬 Telegram: 50K members
✅ Highly liquid meme coin – traded on many major exchanges, including Binance.
After the hype phase, the coin is now declining along with the overall crypto market—no exceptions. Essentially, it broke below multiple channel supports, and the price is now sitting at the support of the outer channel.
I also notice a non-textbook Head & Shoulders pattern, which suggests a potential -64% breakdown. The last squeeze happened around this level.
Currently, we are seeing consolidation with increased volume, along with high-wick price action in this zone.
I've marked potential downside support zones as well as upside resistance targets on the chart. Consider this in your trading strategy!
📊 CoinMarketCap Rank: #102
🐦 Twitter (X): 152K followers
💬 Telegram: 50K members
✅ Highly liquid meme coin – traded on many major exchanges, including Binance.
After the hype phase, the coin is now declining along with the overall crypto market—no exceptions. Essentially, it broke below multiple channel supports, and the price is now sitting at the support of the outer channel.
I also notice a non-textbook Head & Shoulders pattern, which suggests a potential -64% breakdown. The last squeeze happened around this level.
Currently, we are seeing consolidation with increased volume, along with high-wick price action in this zone.
I've marked potential downside support zones as well as upside resistance targets on the chart. Consider this in your trading strategy!
Trade attivo
WIF, after declining to the previously marked zone at $0.307 (-23.29%), is currently showing a +240% increase.
This entire price movement toward the $0.307 zone was a shakeout of weak hands below the channel support before the pump.
The profit is very solid - protect your gains!
My Telegram channel:
💬 t.me/KECapital
💬 t.me/KECapital
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
My Telegram channel:
💬 t.me/KECapital
💬 t.me/KECapital
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.