DOT/USDT – 30M – SELL

The combination Polkadot/Tether (DOT/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend downwards to the next support level at is certain.

Caution: A possible change in the direction of the resistance level at 4.463000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Next a ‘Three Black Crows’ candlestick pattern is existing. 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 chance of ‘Three Black Crows’ going down is 82%.

4.463000000 – 4.416000000 – 4.882000000 – 4.322000000 – 4.289000000 – 4.512000000 — 46.98187676922 – 45.419591737791

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – – –