DOT/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support at 3.820000000 will continue.

Caution: A possible change in the direction of the resistance level at 4.084000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.

Additionally a ‘Three Outside Down’ candle pattern is detected. The candles show ‘Three Outside Down’. which is a bearish pattern signal. 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’ heading down is 69% (Bull Market) & 70% (Bear Market).

4.084000000 – 4.309000000 – 4.218000000 – 3.820000000 – 3.905000000 – 4.115000000 — 47.586090683832 – 46.564439840445

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