William Alligator: the crypto is in a bearish position because the candlesticks are under the Teeth, Lips and Jaw.
MACD: the line is under the signal line, this is a bearish confirmation. Moreover, the red vertical bars indicate that the price is decreasing.
Candlestick patterns: there is a bullish engulfing which is a bullish confirmation.
Overall: it can be interesting to take a sell position on this crypto because all the indicators indicate that the price is decreasing and will continue like that. Better taking a short-term position because there is a bullish engulfing. Entry price is lower than the current price for assurance and stop loss is set at -5%.
MACD: the line is under the signal line, this is a bearish confirmation. Moreover, the red vertical bars indicate that the price is decreasing.
Candlestick patterns: there is a bullish engulfing which is a bullish confirmation.
Overall: it can be interesting to take a sell position on this crypto because all the indicators indicate that the price is decreasing and will continue like that. Better taking a short-term position because there is a bullish engulfing. Entry price is lower than the current price for assurance and stop loss is set at -5%.