DOT/USDT – 30M – SELL

The combination Polkadot/Tether (DOT/USDT) goes from the ascending trendline downwards

A descending movement down to the next support level at 4.363000000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 4.626000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

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

Furthermore a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

Furthermore a ‘Two Crows’ candlestick chart pattern is discovered. The candles form ‘Two Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

4.626000000 – 4.281000000 – 4.244000000 – 4.363000000 – 4.417000000 – 4.153000000 — 40.139301818634 – 37.330946941578

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