WIF/USDT – 1H – SELL

The currency pair dogwifhat/Tether (WIF/USDT) moves from the descending trendline downwards

A continuation of the bearish trend down to the next support level at 0.193 is likely expected.

Caution: A possible change in the direction of the resistance zone at 0.203 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair could go down.

Additionally a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.203 – 0.214 – 0.23 – 0.193 – 0.197 – 0.199 —
0.199000000 – 0.204000000 —
40.406732679872 – 50.42659631856 —
– —
0.203 – 1771948800

Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three Black Crows – Double top retreat up – –