DOT/USDT – 1H – SELL

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.919814 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of support at 2.064 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three Outside Down’ candle chart pattern is existing. The candles show ‘Three Outside Down’. 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 ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

2.064 – 2.198 – 2.235 – 1.834 – 2.056 – 2.097 —
2.039000000 – 2.051000000 —
48.115628115428 – 52.203999977148 —
– —
2.06400 – 1768849200

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Down – – –