DOT/USDT – 1H – SELL

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

A bearish descent downwards to the next support line at 8.002000000 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 11.649000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Download DOT/USDT Signal Image

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