DOT/USDT – 4H – SELL

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

A bearish trend down to the next support line at 6.654000000 is certain.

Caution: A possible change in the direction of the resistance zone at 7.678000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Outside Down’ candle pattern is detected. The chart forms ‘Three Outside Down’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Download DOT/USDT Signal Image

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Down