DOT/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support at is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 1.555 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Besides a ‘Three Outside Down’ candle chart pattern is found. The candles show ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

1.555 – 1.567 – 1.574 – 1.482 – 1.508 – 1.508 —
1.517000000 – 1.538000000 —
46.131247577536 – 54.089023736385 —
– —
1.555 – 1772685000

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Down – – –