Sell DOT/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.440772 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support zone at 1.566 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 1.896
2nd High 1.576
Next High 1.566
Current Price 1.453000000
Next Low 1.431
2nd Low 1.399
3rd Low 0.633

1.566 – 1.576 – 1.536 – 1.431 – 1.509 – 1.452 —
1.519000000 – 1.504000000 —
47.744802995858 – 45.229482881315 —
– —
1.566 – 1770148800

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