DOT/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support at will persist.

Caution: A possible counter-trend in the direction of the resistance level at 1.391 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The pair is likely to go down.

And also a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The pair is likely to go down.

And also a ‘Matching Low’ candle chart pattern is found. The chart forms ‘Matching Low’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

1.391 – 1.44 – 1.304 – 1.332 – 1.331 – 1.252 —
1.380000000 – 1.380000000 —
52.665382269721 – 53.315202355494 —
– —
1.391 – 1771246800

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Matching Low – – –