DOT/USDT – 1H – SELL

Next a ‘Double top chart pattern’ chart formation is existing. The chart forms ‘Double top chart pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

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

A bearish trend downwards to the next support at will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 4.673000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair is likely to fall.

Next a ‘Three Black Crows’ chart pattern is existing. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

4.673000000 – 4.587000000 – 4.454000000 – 4.381000000 – 4.165000000 – 4.133000000

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