DOT/USDT – 4H – SELL

Also there is a ‘Double bottom retreat down’ chart pattern is existing. The chart shows ‘Double bottom retreat down’. which is a negative chart scenario. The pair is likely to go down.

The pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline down.

A bearish movement downwards to the next support level at 3.800000000 is certain.

Caution: A possible counter-trend in the direction of resistance at 4.682000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black 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 likelyhood of ‘Three Black Crows’ going down is 82%.

4.196000000 – 4.110000000 – 3.665000000 – 3.800000000 – 3.323000000 – 3.308000000

Trading Signals: FOREX – DOT – DOT/USDT – USDT – Three Black Crows – Double bottom retreat down