DOT/USDT – 1H – SELL

The pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline down.

A bearish movement down to the next support at 8.042000000 will continue.

Caution: A possible trend reversal in the direction of resistance at 10.500000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish 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 Black Crows’ heading down is 82%.

Download DOT/USDT Signal Image

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