Sell DOT/USDT – 30M – SELL

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 8.558958 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 9.173000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency 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%.

Support & Resistance Price Range*
3rd High 9.264000000
2nd High 9.204000000
Next High 9.173000000
Current Price 8.539000000
Next Low 8.367000000
2nd Low 8.347000000
3rd Low 8.023000000

Download DOT/USDT Signal Image

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