DOT/USDT – 30M – SELL

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

A descending movement downwards to the next support level at 3.837000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 4.103000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

4.103000000 – 4.371000000 – 4.317000000 – 3.903000000 – 3.916000000 – 4.170000000 — 31.98760276449 – 28.863536021869

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –