DOT/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 1.229 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.263 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Bearish Belt Hold’ candlestick chart pattern is found. The chart forms ‘Bearish Belt Hold’. 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 probability of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

1.263 – 1.224 – 1.221 – 1.197 – 1.205 – 1.204 —
1.256000000 – 1.240000000 —
67.85692600374 – 52.750430162274 —
– —
1.263 – 1777869000

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Belt Hold – – –