DOT/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 4.322000000 will persist.

Caution: A possible change in the direction of the resistance level at 4.463000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three Outside Down’ candle chart pattern is existing. The chart shows ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

4.463000000 – 4.416000000 – 4.882000000 – 4.322000000 – 4.289000000 – 4.512000000 — 43.601065277251 – 41.47560361187

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Down – – –