Sell WIF/USDT – 30M – SELL

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

The bearish trend downwards to the next support line at will persist.

Caution: A possible counter-trend in the direction of the resistance level at 0.1811 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could go down.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.

And also a ‘Three Outside Down’ candlestick chart pattern is found. The candles show ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.196
2nd High 0.1865
Next High 0.1811
Current Price 0.171600000
Next Low
2nd Low
3rd Low

0.1811 – 0.1742 – 0.1738 – 0.1705 – 0.1689 – 0.1663 —
0.173100000 – 0.173000000 —
45.981088361831 – 49.153938943421 —
– —
0.1811 – 1782993600

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