DOT/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support level at 3.839000000 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 4.123000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Then a ‘Two Crows’ candlestick pattern is detected. The chart shows ‘Two 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 chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

4.123000000 – 4.099000000 – 3.984000000 – 3.839000000 – 3.800000000 – 3.939000000

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