DOT/USDT – 1H – SELL

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

A bearish descent down to the next support level at is expected.

Caution: A possible trend reversal in the direction of the resistance line at 1.327 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The pair is likely to go down.

And also a ‘Matching Low’ candle chart pattern is discovered. The candles form ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

1.327 – 1.292 – 1.295 – 1.227 – 1.212 – 1.257 —
1.269000000 – 1.275000000 —
58.807607346249 – 60.679507038225 —
– —
1.327 – 1776834000

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Matching Low – – –