DOT/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 4.280000000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 4.468000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair could go down.

Then a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Three Outside Down’ candle chart pattern is found. 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 likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

4.468000000 – 4.626000000 – 4.281000000 – 4.280000000 – 4.363000000 – 4.417000000 — 41.990827556222 – 40.257538640245

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