WIF/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support at 0.1538 is likely expected.

Caution: A possible change in the direction of resistance at 0.1648 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘Three Outside Down’ candlestick pattern is found. The chart forms ‘Three Outside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.1648 – 0.1663 – 0.1804 – 0.1538 – 0.1494 – 0.1638 —
0.158900000 – 0.157400000 —
48.038292902814 – 47.784222402606 —
– —
0.1648 – 1780930800

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