DOT/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support at 3.839000000 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 4.202000000 should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 4 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 4.202000000 should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. 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%.

4.202000000 – 4.554000000 – 4.498000000 – 4.000000000 – 4.355000000 – 4.279000000

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