DOT/USDT – 1H – SELL

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

A bearish trend down to the next support at 1.293 will persist.

Caution: A possible change in the direction of resistance at 1.393 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Three Outside Down’ candle chart pattern is existing. The candles form ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

1.393 – 1.338 – 1.334 – 1.293 – 1.293 – 1.29 —
1.346000000 – 1.354000000 —
42.768416467081 – 49.079807117439 —
– —
1.393 – 1778288400

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Down – – –