DOT/USDT – 1H – SELL

The combination Polkadot/Tether (DOT/USDT) moves from the bearish trendline downwards

A continuation of the downtrend down to the next support level at 3.615000000 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 3.786000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Target of the current trend is 3.663 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 3.786000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ candle chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

3.786000000 – 3.991000000 – 3.834000000 – 3.663000000 – 3.735000000 – 3.754000000

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