DOT/USDT – 30M – SELL

The combination Polkadot/Tether (DOT/USDT) goes from the bearish trendline down.

A continuation of the downward movement downwards to the next support line at 3.690000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 4.146000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a negative 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%.

4.146000000 – 4.283000000 – 4.265000000 – 3.853000000 – 4.013000000 – 4.120000000 — 22.101160055477 – 17.310840529666

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