DOT/USDT – 1H – SELL

The combination Polkadot/Tether (DOT/USDT) jumps from the bullish trendline downwards

A descending movement downwards to the next support at 2.096 is considered certain.

Caution: A possible change in the direction of the resistance level at 2.393 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

2.18 – 2.033 – 1.845 – 2.096 – 1.968 – 1.762 — 56.36152366546 – 49.830319711524 — 59.993567063364 – 32.53350487831 – 60.974947285658 – 52.32550659376

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Triple bottom chart pattern – –