The currency pair dogwifhat/Tether (WIF/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support at 0.15 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.1576 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.15245 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.1576 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.1617 |
| 2nd High | 0.1608 |
| Next High | 0.1576 |
| Current Price | 0.153900000 |
| Next Low | 0.15 |
| 2nd Low | 0.1489 |
| 3rd Low | 0.1473 |
0.1576 – 0.1561 – 0.1575 – 0.15 – 0.1489 – 0.1473 —
0.153300000 – 0.154500000 —
43.589201370971 – 54.845016126802 —
– —
0.1576 – 1784332800