DOT/USDT – 30M – SELL

Furthermore a ‘Double bottom retreat down’ chart layout is detected. The chart picture shows ‘Double bottom retreat down’. which is a bearish signal. The currency pair is likely to fall.

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

A bearish movement downwards to the next support line at 4.051000000 will continue.

Caution: A possible change in the direction of resistance at 4.181000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘RSI fall below 70’ indicator signal is existing. The indicator shows ‘RSI fall below 70’. this is usually a bearish signal. The currency pair could go down.

Furthermore a ‘StochRSI fall below 80’ indicator signal is existing. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish signal. The currency pair could go down.

Furthermore a ‘Collapsing Doji Star’ chart pattern is discovered. The candles show ‘Collapsing Doji Star’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).

4.181000000 – 4.143000000 – 3.928000000 – 4.051000000 – 3.688000000 – 3.644000000 — 58.361929280573 – 47.790812413141

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Collapsing Doji Star – Double bottom retreat down – –