DOT/USDT – 30M – SELL

The currency pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline downwards

A bearish trend downwards to the next support line at 8.023000000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 9.212000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 8.772 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 9.212000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Download DOT/USDT Signal Image

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