DOT/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support line at 3.538000000 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 3.696000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

Besides a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

3.696000000 – 3.757000000 – 3.666000000 – 3.538000000 – 3.427000000 – 3.446000000 — 51.416249104874 – 50.394246708971

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –