DOT/USDT – 1H – BUY

Then a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to 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 1.49 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 1.555 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Shooting Star’ candlestick chart pattern is discovered. The candles show ‘Shooting Star’. this 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 likelyhood of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).

1.555 – 1.546 – 1.533 – 1.473 – 1.43 – 1.425 —
1.535000000 – 1.538000000 —
56.519768061217 – 61.759481809699 —
– —
1.555 – 1773234000

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Shooting Star – – –