DOT/USDT – 1H – SELL

Also there is a ‘Double bottom retreat down’ chart layout is detected. The chart picture forms ‘Double bottom retreat down’. which is a bearish signal. The currency pair is likely to go down.

Also there is a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is certain. Target of the current trend is 4.494436 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 4.682000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Outside Down’ candlestick chart pattern is detected. The chart forms ‘Three Outside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

4.587000000 – 4.454000000 – 4.624000000 – 4.381000000 – 4.165000000 – 4.133000000

Trading Signals: FOREX – DOT – DOT/USDT – USDT – Three Outside Down – Double bottom retreat down