DOT/USDT – 1H – SELL

The currency pair Polkadot/Tether (DOT/USDT) goes from the bearish trendline downwards

A continuation of the downward movement downwards to the next support line at 1.762 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 1.896 could happen.
Consider stop-loss settings accordingly.

And also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

And also a ‘Three Black Crows’ candlestick pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

1.896 – 1.899 – 1.981 – 1.846 – 1.828 – 1.843 —
1.861000000 – 1.875000000 —
45.58459455189 – 47.538413925027 —
– —
1.89600 – 1769598000

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –