DOT/USDT – 1H – SELL

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

The bearish trend down to the next support level at 10.100000000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 10.928000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 9.895 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 10.928000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Black Crows’ candlestick chart pattern is existing. The chart shows ‘Three Black 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 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