DOT/USDT – 30M – SELL

And also a ‘Double top chart pattern’ chart pattern is existing. The chart forms ‘Double top chart pattern’. which is a negative signal. The currency pair is likely to fall.

The combination Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards

A bearish movement down to the next support level at will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 4.181000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The pair is likely to go down.

And also a ‘RSI fall below 30’ indicator layout is found. The indicator shows ‘RSI fall below 30’. which is often a bearish chart scenario. The pair is likely to go down.

And also a ‘Three Inside Down’ candle chart pattern is found. The chart forms ‘Three Inside Down’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

4.181000000 – 4.143000000 – 3.928000000 – 4.051000000 – 3.688000000 – 3.644000000 — 40.851147082529 – 32.049085804506

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Inside Down – Double top chart pattern – –