DOT/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support line at is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 3.757000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Additionally a ‘StochRSI fall below 80’ indicator layout is found. The indicator shows ‘StochRSI fall below 80’. which is often a bearish chart scenario. The currency pair is likely to fall.

Additionally a ‘Tweezers Top’ candle pattern is found. The chart forms ‘Tweezers Top’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

3.757000000 – 3.666000000 – 3.921000000 – 3.538000000 – 3.427000000 – 3.446000000 — 53.702512341749 – 49.117505928573

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Tweezers Top – – –