WIF/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support level at 0.1705 will continue.

Caution: A possible counter-trend in the direction of resistance at 0.1751 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Also there is a ‘Bearish Engulfing’ candle chart pattern is found. The chart shows ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.

0.1751 – 0.1811 – 0.1742 – 0.1705 – 0.1689 – 0.1663 —
0.177600000 – 0.177700000 —
67.452341110841 – 61.093960500411 —
– —
0.1751 – 1783042200

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