DOT/USDT – 1H – SELL

There is also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 1.4885 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 1.651 could happen.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Two Crows’ candle pattern is existing. The chart forms ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.651 – 1.683 – 1.752 – 1.458 – 1.547 – 1.522 —
1.610000000 – 1.667000000 —
58.930884217742 – 63.717607811861 —
– —
1.651 – 1772222400

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Two Crows – – –