WIF/USDT – 1H – SELLThe pair dogwifhat/Tether (WIF/USDT) goes from the descending trendline downwards
A continuation of the downward movement down to the next support at 0.185 is likely expected.
Caution: A possible change in the direction of the resistance level at 0.196 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.190864 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of support at 0.196 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2 |
| 2nd High | 0.197 |
| Next High | 0.196 |
| Current Price | 0.192000000 |
| Next Low | 0.185 |
| 2nd Low | 0.18 |
| 3rd Low | 0.172 |
0.194 – 0.196 – 0.193 – 0.185 – 0.18 – 0.172 —
0.189000000 – 0.195000000 —
43.96186750462 – 63.445487691453 —
– —
0.194 – 1780153200