DOT/USDT – 4H – SELL

The combination Polkadot/Tether (DOT/USDT) goes from the bearish trendline down.

A continuation of the bearish trend downwards to the next support level at 1.225 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 1.576 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

Additionally a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

1.576 – 2.235 – 2.343 – 1.225 – 1.101 – 1.399 —
1.353000000 – 1.439000000 —
62.527554466408 – 63.771405388768 —
– —
1.576 – 1770033600

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