DOT/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support line at 1.338 is considered certain.

Caution: A possible change in the direction of the resistance zone at 1.367 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘MACD crosses below signal’ indicator layout is detected. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.

Then a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Then a ‘Bearish Belt Hold’ candle chart pattern is detected. The candles form ‘Bearish Belt Hold’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

1.367 – 1.381 – 1.383 – 1.338 – 1.34 – 1.358 —
1.352000000 – 1.354000000 —
38.505948109472 – 51.45840636813 —
– —
1.367 – 1771401600

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Belt Hold – – –