DOT/USDT – 1H – SELL

The pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline downwards

A bearish descent downwards to the next support line at 0.949 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.073 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. which is often a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative 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%.

0.995 – 0.975 – 0.975 – 0.949 – 0.941 – 0.903 —
1.029000000 – 1.036000000 —
75.771061470566 – 65.885576089368 —
– —
0.995 – 1781334000

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