WIF/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at 0.212 will persist.

Caution: A possible change in the direction of the resistance level at 0.233 could happen.
Consider stop-loss settings accordingly.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.

Also there is a ‘Matching Low’ chart pattern is detected. The chart shows ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.233 – 0.234 – 0.239 – 0.22 – 0.229 – 0.23 —
0.216000000 – 0.217000000 —
31.386836570014 – 47.328341446129 —
– —
0.233 – 1771428600

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