DOT/USDT – 30M – SELL

Besides a ‘Double bottom retreat down’ chart formation is found. The chart picture forms ‘Double bottom retreat down’. which is a negative pattern signal. The currency pair is likely to go down.

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

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

Caution: A possible counter-trend in the direction of the resistance zone at 3.858000000 could happen.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.

Besides a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency 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%.

3.858000000 – 3.921000000 – 4.084000000 – 3.626000000 – 3.732000000 – 3.820000000 — 52.830021031695 – 44.105286246705

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