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Fell Below 20 Day Moving Average appears for WETH after 10.0% move
On Wednesday, July 29th, WETH moved down 10.0% while volume shrunk to 0.7× the usual levels. Multiple bearish signals emerged — Fell Below 20 DMA, 50 DMA Resistance, MACD Bearish Signal Line Cross & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 1.11, 1.05 & 0.93, with resistance at 1.29, 1.41 & 1.47.
Current SwingTradeBot Technical Rating of WETH: F
This might just be the start. See what else showed up for WETH today.
Read full article here »