Sell WIF/USDT – 30M – SELL

Also there is a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

The currency pair dogwifhat/Tether (WIF/USDT) goes from the bullish trendline down.

A descending movement downwards to the next support line at is expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.234 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The pair is likely to go down.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.

Also there is a ‘Bearish Belt Hold’ candlestick pattern is found. The candles show ‘Bearish Belt Hold’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

Support & Resistance Price Range*
3rd High 0.246
2nd High 0.239
Next High 0.234
Current Price 0.229000000
Next Low
2nd Low
3rd Low

0.234 – 0.239 – 0.238 – 0.229 – 0.23 – 0.226 —
0.234000000 – 0.231000000 —
50.593608527118 – 44.960299966281 —
– —
0.234 – 1771399800

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