WIF/USDT – 1H – SELL

The currency pair dogwifhat/Tether (WIF/USDT) goes from the ascending trendline down.

A descending movement downwards to the next support at 0.23 is certain.

Caution: A possible trend reversal in the direction of resistance at 0.239 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Matching Low’ chart pattern is found. The chart shows ‘Matching Low’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.239 – 0.217 – 0.219 – 0.23 – 0.226 – 0.206 —
0.235000000 – 0.236000000 —
51.643130141912 – 50.129031255328 —
– —
0.239 – 1771246800

Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –