DOT/USDT – 4H – SELL

Then a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish 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 likely expected. Current target is 1.4265 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 1.752 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. this is a bearish pattern signal. 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’ going down is 82%.

1.752 – 1.398 – 1.44 – 1.225 – 1.26 – 1.225 —
1.621000000 – 1.651000000 —
65.394165635097 – 61.60757151914 —
– —
1.752 – 1772049600

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –