WIF/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support line at 0.159 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 0.167 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.

Next a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Next a ‘Last Engulfing Top’ candle chart pattern is existing. The chart shows ‘Last Engulfing Top’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).

0.167 – 0.169 – 0.1695 – 0.159 – 0.1627 – 0.1637 —
0.160700000 – 0.164700000 —
35.790549664416 – 60.145422797754 —
– —
0.167 – 1781829000

Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Last Engulfing Top – – –