Sell DOT/USDT – 30M – SELL

The currency pair Polkadot/Tether (DOT/USDT) goes from the descending trendline down.

A continuation of the downward movement downwards to the next support line at 1.277 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.345 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 detected. The indicator shows ‘StochRSI %K falls below 0.8’. which could be a negative chart signal. The currency pair could go down.

And also a ‘Three Black Crows’ candle pattern is detected. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 1.377
2nd High 1.368
Next High 1.345
Current Price 1.315000000
Next Low 1.277
2nd Low 1.101
3rd Low 0.633

1.345 – 1.368 – 1.377 – 1.277 – 1.325 – 1.327 —
1.334000000 – 1.325000000 —
51.013896512371 – 49.724873417223 —
– —
1.345 – 1770658200

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