DOT/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 1.216 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 1.317 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Matching Low’ chart pattern is discovered. The chart forms ‘Matching Low’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

1.317 – 1.27 – 1.265 – 1.216 – 1.233 – 1.22 —
1.267000000 – 1.244000000 —
45.353862374398 – 39.116488295043 —
– —
1.317 – 1775476800

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –