DOT/USDT – 30M – SELL

The pair Polkadot/Tether (DOT/USDT) goes from the bearish trendline down.

A continuation of the downtrend downwards to the next support at 3.900000000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 4.131000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Outside Down’ candle pattern is discovered. The candles show ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

4.131000000 – 4.077000000 – 4.136000000 – 3.900000000 – 3.863000000 – 3.894000000 — 53.396000072118 – 51.920915201051

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Down – Double bottom retreat down –