Sell 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 4.136000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 4.387000000 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish 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’ heading down is 82%.

Support & Resistance Price Range*
3rd High 4.882000000
2nd High 4.463000000
Next High 4.387000000
Current Price 4.122000000
Next Low 4.136000000
2nd Low 4.119000000
3rd Low 4.054000000

4.387000000 – 4.463000000 – 4.416000000 – 4.236000000 – 4.285000000 – 4.320000000 — 27.592925815367 – 23.040974516033

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