Sell WIF/USDT – 1H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

The currency pair dogwifhat/Tether (WIF/USDT) goes from the ascending trendline downwards

A descent down to the next support at 0.1663 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.1811 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.1657496 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.1811 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 0.196
2nd High 0.1865
Next High 0.1811
Current Price 0.172200000
Next Low 0.1663
2nd Low 0.1601
3rd Low 0.1368

0.1811 – 0.1762 – 0.1865 – 0.1663 – 0.1601 – 0.1681 —
0.174200000 – 0.175100000 —
52.775799218683 – 53.978517634657 —
– —
0.1811 – 1782993600

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