DOT/USDT – 30M – SELL

The combination Polkadot/Tether (DOT/USDT) goes from the descending trendline downwards

A continuation of the downtrend downwards to the next support level at 3.863000000 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 4.136000000 should be noted.
Consider stop-loss settings accordingly.

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

Additionally a ‘RSI fall below 30’ indicator signal is detected. The indicator shows ‘RSI fall below 30’. which is often a bearish signal. The pair is likely to go down.

Additionally a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 3.863 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 4.136000000 should be noted.
Consider stop-loss settings accordingly.

Additionally a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish signal. The 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%.

4.136000000 – 4.202000000 – 4.554000000 – 3.863000000 – 3.894000000 – 4.000000000 — 47.151422520541 – 38.249509988191

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Double top chart pattern –