Sell DOT/USDT – 30M – SELL

The pair Polkadot/Tether (DOT/USDT) jumps from the bearish trendline down.

A continuation of the downward movement down to the next support line at will continue.

Caution: A possible reversal of the trend in the direction of resistance at 1.377 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair could go down.

Additionally a ‘MACD crosses below signal’ indicator signal is discovered. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The currency pair could go down.

Additionally a ‘Bearish Belt Hold’ chart pattern is found. The chart shows ‘Bearish Belt Hold’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

Support & Resistance Price Range*
3rd High 1.407
2nd High 1.393
Next High 1.377
Current Price 1.347000000
Next Low
2nd Low
3rd Low

1.377 – 1.393 – 1.407 – 1.34 – 1.342 – 1.101 —
1.360000000 – 1.357000000 —
46.575920900721 – 48.848076732689 —
– —
1.377 – 1770541200

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