DOT/USDT – 30M – SELL

The pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline downwards

The bearish trend down to the next support at 4.170000000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 4.317000000 should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Additionally a ‘Three Black Crows’ candlestick pattern is found. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

4.317000000 – 4.234000000 – 3.936000000 – 4.170000000 – 4.097000000 – 3.837000000 — 50.634695200646 – 47.914570038096

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Triple bottom chart pattern – –