DOT/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support at 4.151000000 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 4.405000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.

Then a ‘Tweezers Top’ chart pattern is discovered. The chart shows ‘Tweezers Top’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

4.405000000 – 4.468000000 – 4.626000000 – 4.151000000 – 4.150000000 – 4.286000000 — 57.806054003662 – 52.420923443621

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Tweezers Top – – –