DOT/USDT – 4H – SELL

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

A descending movement downwards to the next support at is certain.

Caution: A possible change in the direction of resistance at 4.309000000 could happen.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 3.60011 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support line at 4.309000000 could happen.
Consider stop-loss settings accordingly.

Also there is a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

4.309000000 – 4.673000000 – 4.624000000 – 3.863000000 – 3.800000000 – 3.323000000 — 36.731147123722 – 35.612376558417

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern –