DOT/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support at 0.95 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.995 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

Additionally a ‘Two Crows’ chart pattern is existing. The chart forms ‘Two Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.995 – 0.972 – 0.975 – 0.965 – 0.976 – 0.95 —
0.970000000 – 0.962000000 —
34.539097302857 – 37.406228787577 —
– —
0.995 – 1781335800

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