DOT/USDT – 30M – SELL

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

A bearish movement downwards to the next support at 9.055000000 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 9.842000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ candlestick pattern is existing. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Download DOT/USDT Signal Image

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