DOT/USDT – 1H – SELL

There is also a ‘Double top chart pattern’ chart formation is existing. The formation shows ‘Double top chart pattern’. which is a bearish pattern signal. The pair is likely to go down.

The combination Polkadot/Tether (DOT/USDT) goes from the bullish trendline down.

A descending movement downwards to the next support level at 3.796000000 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 4.196000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

4.196000000 – 4.067000000 – 4.110000000 – 3.939000000 – 3.796000000 – 3.828000000

Trading Signals: FOREX – DOT – DOT/USDT – USDT – Three Black Crows – Double top chart pattern