DOT/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support at 4.011000000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 4.158000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair could go down.

There is also a ‘RSI fall below 30’ indicator signal is existing. The indicator is ‘RSI fall below 30’. this is usually a bearish chart signal. The currency pair could go down.

There is also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish 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. Current target is 3.965 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 4.158000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

4.158000000 – 4.091000000 – 4.181000000 – 4.011000000 – 3.975000000 – 3.965000000 — 24.98895254894 – 23.819786976974

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –