DOT/USDT – 1H – SELL

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

A descent down to the next support line at 8.367000000 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 8.972000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Download DOT/USDT Signal Image

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