WIF/USDT – 1H – SELL

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

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.1657496 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.1762 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Southern Doji’ candle pattern is found. The candles show ‘Southern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.1762 – 0.1865 – 0.1787 – 0.1663 – 0.1601 – 0.1681 —
0.170900000 – 0.178900000 —
51.679227834487 – 52.18372176471 —
– —
0.1762 – 1782918000

Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Southern Doji – – –