DOT/USDT – 1H – SELL

The currency pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline down.

A bearish movement downwards to the next support at is certain.

Caution: A possible trend reversal in the direction of the resistance line at 4.283000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.

Then a ‘Three Inside Down’ chart pattern is existing. The candles form ‘Three Inside Down’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

4.283000000 – 4.265000000 – 4.207000000 – 3.836000000 – 3.689000000 – 4.013000000 — 47.91487695245 – 44.191760906417

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