DOT/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support line at is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.383 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair is likely to fall.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.

Additionally a ‘Three Inside Down’ chart pattern is detected. The candles show ‘Three Inside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

1.383 – 1.391 – 1.371 – 1.358 – 1.332 – 1.331 —
1.374000000 – 1.381000000 —
51.693029280866 – 51.612808044651 —
– —
1.383 – 1771279200

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Inside Down – Double top chart pattern – –