WIF/USDT – 1H – SELL

The pair dogwifhat/Tether (WIF/USDT) jumps from the descending trendline down.

A continuation of the bearish trend down to the next support line at will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 0.16 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair is likely to fall.

And also a ‘Three Outside Down’ chart pattern is found. The chart shows ‘Three Outside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.16 – 0.1557 – 0.1648 – 0.1446 – 0.1512 – 0.1538 —
0.158700000 – 0.158400000 —
62.145366611691 – 61.56832283598 —
– —
0.16 – 1781197200

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