DOT/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support level at 1.332 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 1.381 is within the realm of possibility.
Consider stop-loss settings accordingly.

Moreover a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

Moreover a ‘Three Black Crows’ candle pattern is found. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

1.381 – 1.391 – 1.44 – 1.338 – 1.34 – 1.332 —
1.363000000 – 1.352000000 —
48.12482450783 – 42.357965355111 —
– —
1.381 – 1771344000

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