Sell WIF/USDT – 4H – SELL

The currency pair dogwifhat/Tether (WIF/USDT) jumps from the descending trendline down.

A continuation of the downtrend downwards to the next support level at 0.18 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.266 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Matching Low’ candle pattern is detected. The candles form ‘Matching Low’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.436
2nd High 0.348
Next High 0.266
Current Price 0.217000000
Next Low 0.18
2nd Low
3rd Low

0.266 – 0.348 – 0.436 – 0.18 – 0.225 – 0.308 —
0.231000000 – 0.227000000 —
44.503686255422 – 40.226323740142 —
– —
0.266 – 1770148800

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