DOT/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support at 1.179 is certain.

Caution: A possible change in the direction of the resistance line at 1.259 could occur.
Consider stop-loss settings accordingly.

Next a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair is likely to fall.

Next a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

Next a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘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 probability of ‘Three Black Crows’ heading down is 82%.

1.259 – 1.237 – 1.241 – 1.179 – 1.225 – 1.216 —
1.225000000 – 1.216000000 —
56.645697341687 – 45.287104890778 —
– —
1.259 – 1777456800

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