The currency pair dogwifhat/Tether (WIF/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 0.206 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.217 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘StochRSI %K falls below 0.8’ indicator layout is discovered. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.22 |
| 2nd High | 0.219 |
| Next High | 0.217 |
| Current Price | 0.213000000 |
| Next Low | 0.206 |
| 2nd Low | 0.203 |
| 3rd Low | 0.18 |
0.217 – 0.219 – 0.22 – 0.206 – 0.203 – 0.211 —
0.215000000 – 0.215000000 —
52.918478005543 – 50.676272689883 —
– —
0.217 – 1770894000