Sell DOT/USDT – 30M – SELL

The pair Polkadot/Tether (DOT/USDT) moves from the bearish trendline down.

A continuation of the downtrend down to the next support level at 3.732000000 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 3.921000000 could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 4.309000000
2nd High 4.084000000
Next High 3.921000000
Current Price 3.727000000
Next Low 3.732000000
2nd Low 3.332000000
3rd Low 3.323000000

3.921000000 – 4.084000000 – 4.309000000 – 3.732000000 – 3.820000000 – 3.905000000 — 35.389960934503 – 32.994844138369

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