DOT/USDT – 1H – SELL

Besides a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.425 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 1.566 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

1.566 – 1.576 – 1.536 – 1.425000000 – 1.431 – 1.509 —
1.478000000 – 1.478000000 —
38.679695796382 – 42.503068011401 —
1.425000000 – 1770228000 —
1.566 – 1770148800

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –