DOT/USDT – 1H – SELL

The currency pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline down.

A bearish movement down to the next support level at 1.197 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 1.327 should be noted.
Consider stop-loss settings accordingly.

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

1.263 – 1.241 – 1.229 – 1.197 – 1.204 – 1.195 —
1.249000000 – 1.289000000 —
60.576067139314 – 73.15776051753 —
– —
1.263 – 1777867200

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