DOT/USDT – 1H – SELL

The combination Polkadot/Tether (DOT/USDT) jumps from the bullish trendline down.

A bearish movement down to the next support at is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 4.626000000 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. this 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%.

4.626000000 – 4.281000000 – 4.258000000 – 4.153000000 – 4.119000000 – 4.054000000 — 39.811444353829 – 36.752220497871

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