DOT/USDT – 4H – SELL

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

A continuation of the downward movement down to the next support at 0.949 is certain.

Caution: A possible change in the direction of the resistance zone at 1.047 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. which could be a negative signal. The currency pair is likely to fall.

Additionally a ‘Two Crows’ candlestick pattern is found. The candles show ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.047 – 0.995 – 1.206 – 0.949 – 0.903 – 0.884 —
1.025000000 – 1.037000000 —
57.107419312097 – 59.391088286375 —
– —
1.047 – 1781524800

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –