Sell DOT/USDT – 4H – SELL

And also a ‘Double top chart pattern’ chart layout is existing. The chart forms ‘Double top chart pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

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

A bearish descent downwards to the next support at 3.863000000 is likely expected.

Caution: A possible change in the direction of the resistance level at 4.309000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘RSI fall below 30’ indicator signal is existing. The indicator is ‘RSI fall below 30’. which could be a negative chart scenario. The currency pair is likely to fall.

And also a ‘Three Black Crows’ candlestick chart pattern is detected. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. 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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