DOT/USDT – 4H – SELL

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

A continuation of the downward movement down to the next support level at is certain.

Caution: A possible change in the direction of the resistance level at 4.371000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.

Also there is a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The 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%.

4.371000000 – 4.181000000 – 3.757000000 – 3.817000000 – 3.538000000 – 3.427000000 — 43.964268802807 – 39.361169361426

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