DOT/USDT – 4H – SELL

There is also a ‘Double top chart pattern’ chart pattern is found. The chart forms ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to fall.

The pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline down.

The bearish trend down to the next support at 3.863000000 will persist.

Caution: A possible change in the direction of the resistance level at 4.309000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘RSI cross above 30’ indicator signal is detected. The indicator shows ‘RSI cross above 30’. which could be a positive chart signal. The pair is likely to go up.

There is also a ‘Collapsing Doji Star’ chart pattern is detected. The candles form ‘Collapsing Doji Star’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Collapsing Doji Star’ going down is 63% (Bull Market).

4.309000000 – 4.673000000 – 4.624000000 – 3.863000000 – 3.800000000 – 3.323000000 — 43.54822863271 – 36.168873820172

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Collapsing Doji Star – Double top chart pattern –