DOT/USDT – 30M – SELL

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair could go down.

Besides a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.2645 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 1.304 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Outside Down’ candlestick chart pattern is found. The candles form ‘Three Outside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

1.304 – 1.281 – 1.297 – 1.225 – 1.228 – 1.265 —
1.304000000 – 1.297000000 —
61.84143882297 – 58.0094392223 —
– —
1.304 – 1770894000

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