WIF/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.15617 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 0.1619 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Bearish Engulfing’ candle pattern is existing. The candles show ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

0.1619 – 0.16 – 0.156 – 0.1563 – 0.1562 – 0.1544 —
0.157700000 – 0.158400000 —
47.988080246836 – 47.776832382802 —
– —
0.1619 – 1781276400

Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Bearish Engulfing – Rising Wedge Chart Pattern – –