DOT/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support line at 1.101 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 1.292 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three Black Crows’ candlestick pattern is discovered. 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’ going down is 82%.

1.292 – 1.291 – 1.345 – 1.265 – 1.277 – 1.325 —
1.240000000 – 1.243000000 —
19.432239764165 – 35.472502109141 —
– —
1.292 – 1770775200

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