DOT/USDT – 30M – SELL

The pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline down.

A descending movement downwards to the next support level at 4.081000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 4.144000000 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

4.144000000 – 4.123000000 – 4.099000000 – 4.081000000 – 3.839000000 – 3.800000000

Trading Signals: FOREX – DOT – DOT/USDT – USDT – Three Black Crows – Double bottom chart pattern