DOT/USDT – 30M – SELL

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

The bearish trend downwards to the next support level at 10.150000000 will continue.

Caution: A possible counter-trend in the direction of resistance at 10.754000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. 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