DOT/USDT – 30M – SELL

Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 1.205856 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.221 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

1.221 – 1.241 – 1.213 – 1.205 – 1.204 – 1.195 —
1.213000000 – 1.224000000 —
48.901838655881 – 57.2819926236 —
– —
1.221 – 1777795200

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –