DOT/USDT – 4H – SELL

The combination Polkadot/Tether (DOT/USDT) jumps from the ascending trendline downwards

A descending movement downwards to the next support at 3.323000000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 4.110000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

Also there is a ‘Three Black Crows’ candle pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish pattern 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%.

4.110000000 – 3.665000000 – 3.465000000 – 3.323000000 – 3.308000000 – 3.007000000

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