DOT/USDT – 1H – SELL

The pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline down.

A bearish descent downwards to the next support line at 4.153000000 is expected.

Caution: A possible change in the direction of the resistance line at 4.554000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Black Crows’ chart pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

4.281000000 – 4.258000000 – 4.154000000 – 4.153000000 – 4.119000000 – 4.054000000 — 64.187086843066 – 56.484398794111

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