Sell DOT/USDT – 1H – SELL

The pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards

The bearish trend down to the next support line at 10.093000000 is certain.

Caution: A possible counter-trend in the direction of resistance at 10.928000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. which is a negative chart scenario. The 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%.

Support & Resistance Price Range*
3rd High 11.649000000
2nd High 11.233000000
Next High 10.928000000
Current Price 10.448000000
Next Low 10.093000000
2nd Low 9.895000000
3rd Low 8.002000000

Download DOT/USDT Signal Image

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