Sell DOT/USDT – 4H – SELL

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

A continuation of the downtrend down to the next support level at is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 3.906000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.

There is also a ‘Two Crows’ candlestick pattern is found. The candles form ‘Two Crows’. 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 ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 4.283000000
2nd High 4.021000000
Next High 3.906000000
Current Price 3.819000000
Next Low
2nd Low
3rd Low

3.906000000 – 3.887000000 – 4.021000000 – 3.725000000 – 3.612000000 – 3.712000000 — 52.296095067476 – 51.348236505016

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