DOT/USDT – 30M – SELL

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

A bearish descent downwards to the next support at 1.171 is expected.

Caution: A possible change in the direction of the resistance line at 1.203 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

There is also a ‘Three Outside Down’ candlestick chart pattern is detected. The candles form ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

1.203 – 1.204 – 1.221 – 1.183 – 1.191 – 1.186 —
1.196000000 – 1.181000000 —
48.247972522378 – 39.690278153216 —
– —
1.203 – 1780201800

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –