WIF/USDT – 30M – SELL

The pair dogwifhat/Tether (WIF/USDT) moves from the bearish trendline down.

A continuation of the downward movement down to the next support line at 0.188 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 0.198 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

And also a ‘Matching Low’ candlestick chart pattern is found. The candles form ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.194 – 0.196 – 0.195 – 0.188 – 0.186 – 0.185 —
0.197000000 – 0.197000000 —
65.457338609832 – 55.585505462302 —
– —
0.194 – 1777946400

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