DOT/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support line at 4.151000000 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 4.405000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.

Next a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

4.405000000 – 4.468000000 – 4.626000000 – 4.151000000 – 4.150000000 – 4.286000000 — 54.954572782935 – 48.385620728816

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – – –