DOT/USDT – 30M – SELL

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

The bearish trend down to the next support level at 1.252 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 1.377 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair could go down.

Besides a ‘Three Outside Down’ candle chart pattern is discovered. The chart shows ‘Three Outside Down’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

1.352 – 1.304 – 1.281 – 1.252 – 1.249 – 1.225 —
1.366000000 – 1.375000000 —
71.298173809523 – 72.036675254389 —
– —
1.352 – 1771030800

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –