DOT/USDT – 30M – SELL

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

A descent downwards to the next support level at will persist.

Caution: A possible trend reversal in the direction of the resistance level at 3.885000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair could go down.

Then a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘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 likelyhood of ‘Three Black Crows’ going down is 82%.

3.885000000 – 3.894000000 – 3.804000000 – 3.775000000 – 3.725000000 – 3.762000000 — 40.347225748719 – 39.178041211392

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