DOT/USDT – 1H – SELL

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

A bearish trend down to the next support line at 4.075000000 will continue.

Caution: A possible change in the direction of the resistance line at 4.624000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

There is also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

There is also a ‘Two Crows’ candle pattern is detected. The candles form ‘Two Crows’. which 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 ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

4.624000000 – 4.277000000 – 4.269000000 – 4.075000000 – 4.065000000 – 3.800000000

Trading Signals: FOREX – DOT – DOT/USDT – USDT – Two Crows –