The combination dogwifhat/Tether (WIF/USDT) moves from the bullish trendline down.
A bearish trend downwards to the next support line at 0.155 will continue.
Caution: A possible change in the direction of the resistance zone at 0.1729 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.1588 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.1729 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Two Crows’ candle chart pattern is existing. The chart shows ‘Two Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.1804 |
| 2nd High | 0.1801 |
| Next High | 0.1729 |
| Current Price | 0.155500000 |
| Next Low | 0.155 |
| 2nd Low | 0.1544 |
| 3rd Low | 0.1446 |
0.1729 – 0.1687 – 0.1647 – 0.1601 – 0.1588 – 0.1602 —
0.163600000 – 0.158700000 —
36.133396623236 – 40.252372987253 —
– —
0.1729 – 1782136800
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –