DOT/USDT – 30M – SELL

The combination Polkadot/Tether (DOT/USDT) moves from the descending trendline downwards

A continuation of the downward movement downwards to the next support level at 4.150000000 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 4.405000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles show ‘Three Outside Down’. which is a bearish chart scenario. The 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).

4.405000000 – 4.468000000 – 4.626000000 – 4.150000000 – 4.286000000 – 4.280000000 — 38.740694651231 – 34.934099289367

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