WIF/USDT – 30M – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

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

A continuation of the bearish trend downwards to the next support level at 0.1644 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.1801 is within the realm of possibility.
Consider stop-loss settings accordingly.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.

Furthermore a ‘Two Crows’ chart pattern is detected. The chart forms ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.1801 – 0.1724 – 0.1754 – 0.1644 – 0.1644 – 0.155 —
0.172000000 – 0.169000000 —
46.863278965096 – 39.198156896465 —
– —
0.1801 – 1781663400

Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –