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

A bearish descent downwards to the next support level at 5.304000000 is considered certain.

Caution: A possible change in the direction of resistance at 6.080000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 5.532 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 6.080000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. this is a bearish 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%.

Download DOT/USDT Signal Image

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

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

A continuation of the bearish trend down to the next support level at 5.645000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 6.100000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Download DOT/USDT Signal Image

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

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

A bearish descent downwards to the next support at 5.645000000 is considered certain.

Caution: A possible change in the direction of the resistance line at 6.100000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 5.4165 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 6.100000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Download DOT/USDT Signal Image

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