Sell DOT/USDT – 4H – SELL

There is also a ‘Double top chart pattern’ chart pattern is existing. The chart picture shows ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to fall.

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

A descending movement downwards to the next support line at 3.863000000 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 4.309000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘RSI fall below 30’ indicator signal is discovered. The indicator shows ‘RSI fall below 30’. which could be a negative chart signal. The currency pair could go down.

There is also a ‘Three Black Crows’ candle pattern is detected. The candles form ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 4.682000000
2nd High 4.673000000
Next High 4.309000000
Current Price 3.809000000
Next Low 3.863000000
2nd Low 3.800000000
3rd Low 3.323000000

4.309000000 – 4.673000000 – 4.624000000 – 3.863000000 – 3.800000000 – 3.323000000 — 36.032132618588 – 32.87356266602

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