DOT/USDT – 1H – SELL

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

A bearish movement downwards to the next support at 1.225 will continue.

Caution: A possible change in the direction of the resistance line at 1.752 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.

And also a ‘Bearish Belt Hold’ candlestick chart pattern is found. The chart forms ‘Bearish Belt Hold’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

1.752 – 1.398 – 1.364 – 1.225 – 1.26 – 1.3 —
1.622000000 – 1.622000000 —
57.800104077954 – 55.494339710595 —
– —
1.752 – 1772053200

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Belt Hold – Double top chart pattern – –