WIF/USDT – 1H – SELL

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.

Additionally a ‘MACD crosses below signal’ indicator layout is detected. The indicator shows ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 0.1609236 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support zone at 0.1801 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Bearish Belt Hold’ candle pattern is discovered. The candles show ‘Bearish Belt Hold’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

0.1801 – 0.1724 – 0.1754 – 0.1627 – 0.1644 – 0.1644 —
0.165800000 – 0.169000000 —
42.73670905721 – 45.209735606589 —
– —
0.1801 – 1781661600

Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Bearish Belt Hold – Symmetrical Triangle Chart Pattern – –