DOT/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support at is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.603000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.

And also a ‘Two Crows’ candle pattern is discovered. The chart shows ‘Two 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 probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.603000000 – 1.599 – 1.681 – 1.498 – 1.504 – 1.458 —
1.603000000 – 1.538000000 —
65.757425069202 – 47.601486894269 —
1.603000000 – 1772467200 —
– 1772467200

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Two Crows – – –