DOT/USDT – 1H – SELL

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

A continuation of the downtrend down to the next support at 1.762 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 1.896 could happen.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish chart scenario. The currency pair is likely to fall.

There is also a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. which 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%.

1.896 – 1.899 – 1.981 – 1.846 – 1.828 – 1.843 —
1.875000000 – 1.818000000 —
47.538413552902 – 35.406046694827 —
– —
1.89600 – 1769598000

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