DOT/USDT – 1H – SELL

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

A bearish movement down to the next support level at 0.633 is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.566 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

In addition a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

In addition a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. this 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’ heading down is 82%.

1.566 – 1.576 – 1.536 – 1.425 – 1.431 – 1.509 —
1.473000000 – 1.447000000 —
39.782312739325 – 36.41599083515 —
– —
1.566 – 1770148800

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