WIF/USDT – 1H – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

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

A continuation of the bearish trend down to the next support at 0.1644 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.180100000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Outside Down’ candle chart pattern is detected. The chart shows ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.180100000 – 0.1724 – 0.1754 – 0.1644 – 0.1644 – 0.155 —
0.180100000 – 0.169000000 —
72.912130921054 – 44.652258291243 —
0.180100000 – 1781661600 —
– 1781661600

Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –