The pair dogwifhat/Tether (WIF/USDT) moves from the ascending trendline down.
A bearish movement down to the next support line at 0.22 is likely expected.
Caution: A possible change in the direction of the resistance line at 0.234 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.246 |
| 2nd High | 0.239 |
| Next High | 0.234 |
| Current Price | 0.219000000 |
| Next Low | 0.22 |
| 2nd Low | 0.206 |
| 3rd Low | 0.203 |
0.234 – 0.239 – 0.217 – 0.22 – 0.227 – 0.229 —
0.223000000 – 0.224000000 —
33.400544289757 – 40.727945183406 —
– —
0.234 – 1771398000
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – – Double top chart pattern – –