DOT/USDT – 30M – SELL

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

A descent downwards to the next support level at 4.417000000 is certain.

Caution: A possible trend reversal in the direction of resistance at 4.626000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Black Crows’ candle chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

4.626000000 – 4.281000000 – 4.244000000 – 4.417000000 – 4.153000000 – 4.201000000 — 47.141216826883 – 42.023249986304

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