Sell DOT/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.9615 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.975 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘Bearish Belt Hold’ chart pattern is found. The chart shows ‘Bearish Belt Hold’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

Support & Resistance Price Range*
3rd High 0.982
2nd High 0.976
Next High 0.975
Current Price 0.963000000
Next Low 0.96
2nd Low 0.949
3rd Low 0.947

0.975 – 0.976 – 0.972 – 0.96 – 0.949 – 0.95 —
0.958000000 – 0.957000000 —
26.847103576528 – 48.002733352615 —
– —
0.975 – 1782036000

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