DOT/USDT – 30M – SELL

The currency pair Polkadot/Tether (DOT/USDT) goes from the descending trendline downwards

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

Caution: A possible trend reversal in the direction of the resistance zone at 0.84 is also possible.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair is likely to fall.

Besides a ‘Three Outside Down’ candle pattern is detected. The chart forms ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.84 – 0.831 – 0.828 – 0.813 – 0.809 – 0.811 —
0.814000000 – 0.818000000 —
35.822561762467 – 50.757513627173 —
– —
0.84 – 1782752400

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Down – – –