DOT/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.24802 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.263 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Bearish Harami’ candle chart pattern is detected. The chart shows ‘Bearish Harami’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

1.263 – 1.241 – 1.229 – 1.197 – 1.204 – 1.195 —
1.244000000 – 1.261000000 —
53.807498308041 – 62.872545400626 —
– —
1.263 – 1777867200

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Harami – – –