DOT/USDT – 1H – SELL

The combination Polkadot/Tether (DOT/USDT) moves from the ascending trendline down.

A descent down to the next support line at 4.054000000 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 4.182000000 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘Three Inside Down’ candle pattern is existing. The chart shows ‘Three Inside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

4.154000000 – 4.182000000 – 4.074000000 – 4.054000000 – 4.030000000 – 4.003000000 — 65.719997204887 – 59.134090936985

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Inside Down – – –