DOT/USDT – 30M – SELL

The combination Polkadot/Tether (DOT/USDT) moves from the descending trendline downwards

A continuation of the downward movement downwards to the next support line at 1.101 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 1.407 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

In addition a ‘Two Crows’ candlestick chart pattern is existing. The chart forms ‘Two Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.407 – 1.491 – 1.534 – 1.101 – 1.425 – 1.501 —
1.360000000 – 1.390000000 —
51.030023090879 – 62.739034306879 —
– —
1.407 – 1770399000

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Two Crows – – –