WIF/USDT – 1H – SELL

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

A bearish movement down to the next support level at 0.227 is considered certain.

Caution: A possible change in the direction of the resistance line at 0.239 could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The currency pair is likely to fall.

Furthermore a ‘Bearish Belt Hold’ candle chart pattern is found. The candles form ‘Bearish Belt Hold’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

0.239 – 0.217 – 0.219 – 0.227 – 0.229 – 0.23 —
0.231000000 – 0.232000000 —
45.294826255504 – 48.470661434657 —
– —
0.239 – 1771246800

Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Bearish Belt Hold – Symmetrical Triangle Chart Pattern – –