Sell DOT/USDT – 30M – SELL

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

The bearish trend down to the next support line at is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 1.941 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The pair is likely to go down.

Also there is a ‘Matching Low’ candle pattern is found. The candles show ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 1.984
2nd High 1.981
Next High 1.941
Current Price 1.921000000
Next Low
2nd Low
3rd Low

1.941 – 1.981 – 1.984 – 1.899 – 1.903 – 1.897 —
1.915000000 – 1.924000000 —
44.859226969203 – 54.285051717613 —
– —
1.94100 – 1769229000

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