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without_worries

Utrust vs USD - bearish engulfing candle

Short
UTRUST/Tether (OKX:UTKUSDT)  
without_worries  
OKX:UTKUSDT   UTRUST/Tether
Candlestick Analysis Oscillators Trend Lines
2
0
candlestick oscillator trendline
3-day chart above prints a bearish engulfing candle right at the same price point as previous high. This candle comes at a time when RSI supporting trend line breaks down.

Can price action go higher? Sure... that is possible, however, it is more probable to go lower; especially as Stochastic RSI crosses below 20.

1st target $0.40

2nd target $0.25
BTC
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Allow 3-6 months on ideas. Not investment advice. DYOR
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