Additionally a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to fall.
The pair dogwifhat/Tether (WIF/USDT) jumps from the bullish trendline downwards
A bearish movement down to the next support at will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.202 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.223 |
| 2nd High | 0.219 |
| Next High | 0.202 |
| Current Price | 0.185000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.202 – 0.197 – 0.192 – 0.185 – 0.17 – 0.167 —
0.189000000 – 0.189000000 —
42.355195233487 – 41.234228947114 —
– —
0.202 – 1774443600
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – – Rising Wedge Chart Pattern – –