DOT/USDT – 4H – SELL

The combination Polkadot/Tether (DOT/USDT) jumps from the ascending trendline down.

The bearish trend down to the next support at 3.689000000 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 4.021000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

There is also a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

4.021000000 – 4.283000000 – 4.193000000 – 3.689000000 – 3.690000000 – 3.697000000 — 43.658102352038 – 41.340549403978

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Double top chart pattern – –