DOT/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support line at 6.871000000 is likely expected.

Caution: A possible change in the direction of resistance at 7.592000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Download DOT/USDT Signal Image

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