WIF/USDT – 4H – SELL

The combination dogwifhat/Tether (WIF/USDT) goes from the bearish trendline down.

A continuation of the downtrend down to the next support line at 0.1601 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.1865 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair could go down.

Next a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

Next a ‘Two Crows’ candle pattern is detected. The candles show ‘Two Crows’. 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 probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.1865 – 0.1844 – 0.1729 – 0.1601 – 0.1368 – 0.1588 —
0.178500000 – 0.182200000 —
58.200187896666 – 58.137825987911 —
– —
0.1865 – 1782748800

Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –