DOT/USDT – 1H – SELL

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

The bearish trend down to the next support at 3.863000000 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 4.554000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.

There is also a ‘Three Outside Down’ candle chart pattern is existing. The candles form ‘Three Outside Down’. this 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 Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

4.206000000 – 4.131000000 – 4.136000000 – 3.863000000 – 3.894000000 – 4.279000000 — 62.071056211896 – 58.615420943584

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Down – –