Sell DOT/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support line at 0.806 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 0.843000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair could go down.

In addition a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.899
2nd High 0.868
Next High 0.843000000
Current Price 0.828000000
Next Low 0.806
2nd Low 0.801
3rd Low 0.795

0.843000000 – 0.84 – 0.868 – 0.806 – 0.801 – 0.809 —
0.843000000 – 0.839000000 —
67.85452775655 – 58.838773991523 —
0.843000000 – 1782874800 —
– 1782874800

Trading Signals:

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