The currency pair dogwifhat/Tether (WIF/USDT) moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 0.15 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.1561 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘MACD crosses below signal’ indicator signal is discovered. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The currency pair is likely to fall.
Moreover a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.1608 |
| 2nd High | 0.1575 |
| Next High | 0.1561 |
| Current Price | 0.153700000 |
| Next Low | 0.15 |
| 2nd Low | 0.1489 |
| 3rd Low | 0.1473 |
0.1561 – 0.1575 – 0.1552 – 0.15 – 0.1489 – 0.1473 —
0.155900000 – 0.157100000 —
57.442580792861 – 63.12665794423 —
– —
0.1561 – 1784214000
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – – Rising Wedge Chart Pattern – –