DOT/USDT – 30M – SELL

The currency pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline downwards

A descending movement down to the next support line at 4.044000000 is likely expected.

Caution: A possible change in the direction of the resistance zone at 4.193000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

4.193000000 – 3.997000000 – 3.966000000 – 4.044000000 – 3.923000000 – 3.890000000 — 47.243571681889 – 43.588733304149

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – – –