Sell WIF/USDT – 30M – SELL

In addition a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

The combination dogwifhat/Tether (WIF/USDT) moves from the descending trendline downwards

A continuation of the downward movement downwards to the next support at 0.194 is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.219 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.

In addition a ‘StochRSI %K falls below 0.8’ indicator layout is discovered. The indicator shows ‘StochRSI %K falls below 0.8’. which could be a negative chart signal. The pair is likely to go down.

In addition a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 0.200844 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 0.219 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.23
2nd High 0.223
Next High 0.219
Current Price 0.201000000
Next Low 0.194
2nd Low 0.188
3rd Low 0.185

0.219 – 0.218 – 0.223 – 0.207 – 0.211 – 0.194 —
0.217000000 – 0.217000000 —
53.65289260807 – 43.42477662599 —
– —
0.219 – 1772769600

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