Sell WIF/USDT – 30M – SELL

The combination dogwifhat/Tether (WIF/USDT) moves from the descending trendline down.

A continuation of the downtrend down to the next support level at 0.1705 is expected.

Caution: A possible change in the direction of resistance at 0.1751 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Matching Low’ candlestick pattern is detected. The chart forms ‘Matching Low’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.1865
2nd High 0.1811
Next High 0.1751
Current Price 0.177300000
Next Low 0.1705
2nd Low 0.1689
3rd Low 0.1663

0.1751 – 0.1811 – 0.1742 – 0.1705 – 0.1689 – 0.1663 —
0.173300000 – 0.179200000 —
50.736865960496 – 69.474488567608 —
– —
0.1751 – 1783042200

Trading Signals:

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