Sell DOT/USDT – 1H – SELL

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

A continuation of the bearish trend downwards to the next support at 1.332 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.391 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish 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’ heading down is 82%.

Support & Resistance Price Range*
3rd High 1.566
2nd High 1.44
Next High 1.391
Current Price 1.367000000
Next Low 1.332
2nd Low 1.331
3rd Low 1.252

1.391 – 1.44 – 1.304 – 1.332 – 1.331 – 1.252 —
1.356000000 – 1.379000000 —
46.004903831916 – 55.476776568378 —
– —
1.391 – 1771246800

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