DOT/USDT – 30M – SELL

The currency pair Polkadot/Tether (DOT/USDT) jumps from the descending trendline downwards

A continuation of the downward movement downwards to the next support level at 3.817000000 is considered certain.

Caution: A possible change in the direction of the resistance zone at 3.936000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘StochRSI cross above 20’ indicator layout is found. The indicator is ‘StochRSI cross above 20’. this is usually a bullish chart scenario. The pair is likely to go up.

Besides a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

Besides a ‘Three Outside Down’ chart pattern is existing. The candles show ‘Three Outside Down’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

3.936000000 – 4.021000000 – 4.158000000 – 3.817000000 – 3.883000000 – 4.011000000 — 40.200263015568 – 38.979176744452

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –