DOT/USDT – 30M – SELL

Moreover a ‘Double bottom retreat down’ chart pattern is detected. The chart shows ‘Double bottom retreat down’. which is a bearish signal. The pair is likely to go down.

The combination Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards

The bearish trend downwards to the next support line at 4.381000000 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 4.682000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Moreover a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

4.587000000 – 4.454000000 – 4.335000000 – 4.381000000 – 4.348000000 – 4.165000000

Trading Signals: FOREX – DOT – DOT/USDT – USDT – Three Black Crows – Double bottom retreat down