DOT/USDT – 30M – SELL

The pair Polkadot/Tether (DOT/USDT) goes from the descending trendline downwards

A continuation of the downward movement down to the next support at is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 3.666000000 could occur.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair could go down.

Then a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator is ‘StochRSI fall below 80’. which could be a negative signal. The currency pair could go down.

Then a ‘Three Outside Down’ candle pattern is discovered. The candles show ‘Three Outside Down’. which is a negative pattern 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).

3.666000000 – 3.618000000 – 3.631000000 – 3.560000000 – 3.459000000 – 3.427000000 — 56.466977777762 – 53.8935099862

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