DOT/USDT – 4H – SELL

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

A continuation of the downtrend down to the next support line at 1.179 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 1.259 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair could go down.

Moreover a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Moreover a ‘Two Crows’ chart pattern is discovered. The candles show ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.259 – 1.275 – 1.327 – 1.179 – 1.21 – 1.212 —
1.241000000 – 1.250000000 —
54.808996956798 – 62.443051143883 —
– —
1.259 – 1777449600

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –