DOT/USDT – 1H – SELL

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.226 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.241 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Below The Stomach’ chart pattern is found. The chart forms ‘Below The Stomach’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Below The Stomach’ going down is 60% (Bull Market) & 65% (Bear Market).

1.241 – 1.229 – 1.219 – 1.197 – 1.204 – 1.195 —
1.248000000 – 1.250000000 —
69.662216436346 – 61.713229949008 —
– —
1.241 – 1777755600

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Below The Stomach – Rising Wedge Chart Pattern – –