DOT/USDT – 30M – SELL

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

A bearish movement downwards to the next support line at 3.939000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 4.196000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The pair is likely to go down.

Then a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

Then a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black Crows’. this 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 ‘Three Black Crows’ heading down is 82%.

4.196000000 – 4.067000000 – 4.012000000 – 3.939000000 – 3.796000000 – 3.828000000

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