DOT/USDT – 1H – SELL

The combination Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards

A bearish trend down to the next support at 1.652 will continue.

Caution: A possible trend reversal in the direction of resistance at 1.896 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. 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 – 1.652 – 1.846 – 1.828 —
1.679000000 – 1.638000000 —
37.524532633855 – 28.47194150013 —
– —
1.89600 – 1769598000

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Double top chart pattern – –