DOT/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support at 1.269 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.295 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

Also there is a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

1.295 – 1.28 – 1.291 – 1.269 – 1.25 – 1.235 —
1.287000000 – 1.290000000 —
57.553907391611 – 58.461698035499 —
– —
1.295 – 1776718800

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