Sell DOT/USDT – 1H – SELL

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

The bearish trend downwards to the next support line at 1.3 is likely expected.

Caution: A possible change in the direction of the resistance line at 1.372 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. this 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 success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 1.391
2nd High 1.381
Next High 1.372
Current Price 1.291000000
Next Low 1.3
2nd Low 1.252
3rd Low 1.249

1.372 – 1.381 – 1.391 – 1.3 – 1.338 – 1.34 —
1.318000000 – 1.299000000 —
40.999291715354 – 33.15476460393 —
– —
1.372 – 1771426800

Trading Signals:

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