DOT/USDT – 1H – SELL

The combination Polkadot/Tether (DOT/USDT) jumps from the descending trendline down.

A continuation of the downtrend downwards to the next support at 6.810000000 is likely expected.

Caution: A possible change in the direction of the resistance zone at 7.152000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ candle pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Download DOT/USDT Signal Image

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows