DOT/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support at 3.800000000 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 4.196000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

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

4.196000000 – 4.067000000 – 4.110000000 – 3.800000000 – 3.939000000 – 3.796000000

Trading Signals: FOREX – DOT – DOT/USDT – USDT – Two Crows –