DOT/USDT – 1H – SELL

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

A continuation of the downtrend down to the next support at 3.782000000 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 4.074000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Outside Down’ candle pattern is discovered. The candles show ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

4.074000000 – 4.089000000 – 3.885000000 – 3.782000000 – 3.725000000 – 3.692000000 — 53.023410185489 – 51.411189681493

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Down – – –