Sell WIF/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support level at 0.167 is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.181 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The pair is likely to go down.

Moreover a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Support & Resistance Price Range*
3rd High 0.202
2nd High 0.183
Next High 0.181
Current Price 0.177000000
Next Low 0.167
2nd Low 0.164
3rd Low 0.163

0.181 – 0.183 – 0.18 – 0.167 – 0.184 – 0.185 —
0.181000000 – 0.180000000 —
60.958604505218 – 58.012557779348 —
– —
0.181 – 1774854000

Trading Signals:

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