DOT/USDT – 4H – SELL

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

A bearish trend downwards to the next support level at 3.812000000 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 4.193000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The pair is likely to go down.

Next a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.

Next a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles show ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

4.193000000 – 4.371000000 – 4.181000000 – 3.812000000 – 3.817000000 – 3.538000000 — 37.408706520473 – 35.347263504412

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –