DOT/USDT – 4H – SELL

There is also a ‘Double bottom retreat down’ chart formation is discovered. The chart picture shows ‘Double bottom retreat down’. which is a negative chart scenario. The currency pair is likely to fall.

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

The bearish trend downwards to the next support level at 3.800000000 will continue.

Caution: A possible change in the direction of the resistance zone at 4.682000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading 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