DOT/USDT – 30M – SELL

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

A bearish trend down to the next support at 1.567 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 1.752 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Two Crows’ candle chart pattern is found. The chart forms ‘Two Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.752 – 1.304 – 1.261 – 1.567 – 1.235 – 1.225 —
1.611000000 – 1.636000000 —
50.603012012021 – 55.448489061489 —
– —
1.752 – 1772055000

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Two Crows – – –