DOT/USDT – 30M – SELL

The pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline downwards

A descending movement downwards to the next support at will continue.

Caution: A possible change in the direction of the resistance zone at 4.463000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.

Furthermore a ‘Three Outside Down’ chart pattern is existing. The chart shows ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

4.463000000 – 4.416000000 – 4.882000000 – 4.320000000 – 4.322000000 – 4.289000000 — 52.154094881509 – 47.124389253095

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