Sell DOT/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support at 1.458 is certain.

Caution: A possible change in the direction of the resistance level at 1.681 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair could go down.

Then a ‘Three Outside Down’ candlestick pattern is existing. The chart forms ‘Three Outside Down’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 1.752
2nd High 1.683
Next High 1.681
Current Price 1.532000000
Next Low 1.458
2nd Low 1.235
3rd Low 1.225

1.681 – 1.651 – 1.683 – 1.458 – 1.547 – 1.522 —
1.572000000 – 1.560000000 —
33.855943387257 – 43.972263290083 —
– —
1.681 – 1772323200

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