DOT/USDT – 4H – SELL

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

A continuation of the downtrend downwards to the next support at 1.762 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 2.235 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘StochRSI %K falls below 0.8’ indicator layout is discovered. The indicator shows ‘StochRSI %K falls below 0.8’. which could be a negative signal. The currency pair could go down.

And also a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The 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%.

2.235 – 2.343 – 1.928 – 1.873 – 1.834 – 2.056 —
1.727000000 – 1.660000000 —
26.701460161777 – 24.822473026127 —
– —
2.23500 – 1768636800

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