The combination dogwifhat/Tether (WIF/USDT) goes from the ascending trendline downwards
The bearish trend downwards to the next support at 0.1544 is certain.
Caution: A possible change in the direction of the resistance level at 0.16 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.
Moreover a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.
Moreover a ‘Two Crows’ candlestick chart pattern is discovered. The chart forms ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.1663 |
| 2nd High | 0.1648 |
| Next High | 0.16 |
| Current Price | 0.157200000 |
| Next Low | 0.1544 |
| 2nd Low | 0.1521 |
| 3rd Low | 0.1446 |
0.16 – 0.156 – 0.1557 – 0.1544 – 0.156 – 0.1521 —
0.159300000 – 0.161300000 —
62.300528947496 – 64.528541342979 —
– —
0.16 – 1781199000
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –