The combination dogwifhat/Tether (WIF/USDT) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at 0.17 will continue.
Caution: A possible change in the direction of the resistance zone at 0.19 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.183 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 0.19 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.196 |
| 2nd High | 0.194 |
| Next High | 0.19 |
| Current Price | 0.183000000 |
| Next Low | 0.17 |
| 2nd Low | 0.167 |
| 3rd Low | 0.164 |
0.19 – 0.194 – 0.196 – 0.17 – 0.185 – 0.181 —
0.190000000 – 0.191000000 —
60.5778474962 – 60.938878223506 —
– —
0.19 – 1780403400