WIF/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support line at 0.1563 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.1626 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.

Furthermore a ‘Matching Low’ candlestick chart pattern is detected. The chart forms ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.1626 – 0.1636 – 0.1598 – 0.1578 – 0.1597 – 0.1563 —
0.157900000 – 0.156700000 —
37.946023261448 – 35.135822277833 —
– —
0.1626 – 1781386200

Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Matching Low – – –