DOT/USDT – 4H – SELL

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

A bearish trend down to the next support at 1.235 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.355 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

Next a ‘Three Black Crows’ candle pattern is detected. The candles show ‘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 chance of ‘Three Black Crows’ going down is 82%.

1.355 – 1.361 – 1.335 – 1.235 – 1.147 – 1.205 —
1.292000000 – 1.307000000 —
53.611329043998 – 56.314836114266 —
– —
1.355 – 1776441600

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