Sell DOT/USDT – 1H – SELL

The combination Polkadot/Tether (DOT/USDT) goes from the bearish trendline downwards

A continuation of the bearish trend down to the next support level at 0.941 will continue.

Caution: A possible counter-trend in the direction of resistance at 0.995 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘StochRSI %K falls below 0.8’ indicator layout is existing. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish signal. The currency pair could go down.

And also a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 1.001
2nd High 0.996
Next High 0.995
Current Price 0.956000000
Next Low 0.941
2nd Low 0.903
3rd Low 0.884

0.995 – 0.975 – 0.975 – 0.941 – 0.903 – 0.928 —
0.972000000 – 0.971000000 —
42.347388895344 – 38.277094001642 —
– —
0.995 – 1781334000

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