WIF/USDT – 30M – SELL

The combination dogwifhat/Tether (WIF/USDT) goes from the bearish trendline down.

A continuation of the bearish trend down to the next support line at 0.152100000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.156 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

Besides a ‘Three Outside Down’ candle pattern is existing. The candles form ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.156 – 0.1557 – 0.1574 – 0.152100000 – 0.1446 – 0.1484 —
0.155300000 – 0.155400000 —
51.187336639658 – 60.209157496217 —
0.152100000 – 1781179200 —
0.156 – 1781177400

Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –