WIF/USDT – 1H – SELL

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

A continuation of the bearish trend downwards to the next support at 0.1544 is certain.

Caution: A possible counter-trend in the direction of resistance at 0.1636 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘Bearish Belt Hold’ candle pattern is found. The chart shows ‘Bearish Belt Hold’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

0.1636 – 0.1619 – 0.16 – 0.1544 – 0.1446 – 0.1512 —
0.161600000 – 0.160500000 —
53.957741807372 – 49.37771296633 —
– —
0.1636 – 1781352000

Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Bearish Belt Hold – Symmetrical Triangle Chart Pattern – –