Sell DOT/USDT – 30M – SELL

The combination Polkadot/Tether (DOT/USDT) goes from the descending trendline downwards

A continuation of the downward movement down to the next support at 3.572000000 will continue.

Caution: A possible change in the direction of the resistance level at 3.786000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 4.105000000
2nd High 3.991000000
Next High 3.786000000
Current Price 3.616000000
Next Low 3.572000000
2nd Low 3.389000000
3rd Low 3.339000000

3.786000000 – 3.991000000 – 3.834000000 – 3.572000000 – 3.663000000 – 3.773000000

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