DOT/USDT – 30M – SELL

The combination Polkadot/Tether (DOT/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support at 2.085 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 2.249 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.

Then a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

2.249 – 2.242 – 2.263 – 2.085 – 2.127 – 2.112 — 47.502319353052 – 44.522067060159 — 80.702958966814 – 56.135360470819 – 81.854825752038 – 73.881125630723

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