Sell WIF/USDT – 1H – SELL

The combination dogwifhat/Tether (WIF/USDT) moves from the bullish trendline down.

A descent downwards to the next support level at 0.1644 will persist.

Caution: A possible change in the direction of the resistance zone at 0.1754 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

In addition a ‘Matching Low’ candle chart pattern is detected. The chart forms ‘Matching Low’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.196
2nd High 0.1804
Next High 0.1754
Current Price 0.174600000
Next Low 0.1644
2nd Low 0.155
3rd Low 0.1544

0.1724 – 0.1754 – 0.1636 – 0.1644 – 0.1644 – 0.155 —
0.168800000 – 0.180100000 —
48.930879881205 – 72.912130535746 —
– —
0.1724 – 1781598900

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