WIF/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support level at 0.159 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 0.167 should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair could go down.

Additionally a ‘Bearish Belt Hold’ chart pattern is found. The candles show ‘Bearish Belt Hold’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

0.167 – 0.169 – 0.1695 – 0.159 – 0.1627 – 0.1637 —
0.160500000 – 0.164100000 —
33.008864829804 – 55.660728657261 —
– —
0.167 – 1781829000

Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Bearish Belt Hold – Rising Wedge Chart Pattern – –