DOT/USDT – 4H – SELL

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

A continuation of the downward movement downwards to the next support level at 1.399 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 1.576 should always be considered.
Consider stop-loss settings accordingly.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair could go down.

Furthermore a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair could go down.

Furthermore a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative signal. The currency 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%.

1.576 – 2.235 – 2.343 – 1.399 – 1.873 – 1.834 —
1.526000000 – 1.491000000 —
34.269074249395 – 35.080040349699 —
– —
1.576 – 1770033600

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Double top chart pattern – –