DOT/USDT – 30M – SELL

The currency pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline down.

A bearish trend down to the next support at 0.949 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 1.047 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Two Crows’ candlestick chart pattern is discovered. The chart forms ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.047 – 1.011 – 0.995 – 0.949 – 0.965 – 0.976 —
1.046000000 – 1.025000000 —
64.86424127657 – 50.685409128665 —
– —
1.047 – 1781537400

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –