WIF/USDT – 1H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

The pair dogwifhat/Tether (WIF/USDT) goes from the ascending trendline downwards

A bearish descent downwards to the next support at 0.185 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.196 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Outside Down’ candle pattern is discovered. The chart shows ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.196 – 0.195 – 0.198 – 0.185 – 0.185 – 0.186 —
0.194000000 – 0.194000000 —
51.667307896463 – 56.756987075196 —
– —
0.196 – 1777885200

Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –