DOT/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support line at 1.101 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 1.491 could happen.
Consider stop-loss settings accordingly.

Additionally a ‘Two Crows’ candlestick pattern is existing. The candles show ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.491 – 1.534 – 1.566 – 1.101 – 1.425 – 1.501 —
1.276000000 – 1.303000000 —
41.019914231469 – 53.514434766768 —
– —
1.491 – 1770235200

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Two Crows – – –