The combination dogwifhat/Tether (WIF/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support at 0.1484 is certain.
Caution: A possible change in the direction of resistance at 0.1574 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The pair is likely to go down.
Moreover a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.
Moreover a ‘Three Black Crows’ chart pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.16 |
| 2nd High | 0.1589 |
| Next High | 0.1574 |
| Current Price | 0.151700000 |
| Next Low | 0.1484 |
| 2nd Low | |
| 3rd Low |
0.1574 – 0.1589 – 0.16 – 0.1484 – 0.1512 – 0.1538 —
0.150600000 – 0.154500000 —
37.665048026175 – 54.254247301117 —
– —
0.1574 – 1781035200
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –