DOT/USDT – 4H – SELL

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

A descent downwards to the next support level at 1.179 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 1.259 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair could go down.

There is also a ‘Three Outside Down’ candlestick chart pattern is existing. The candles show ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

1.259 – 1.275 – 1.327 – 1.179 – 1.21 – 1.212 —
1.213000000 – 1.219000000 —
40.884838227425 – 44.632661759672 —
– —
1.259 – 1777449600

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –