DOT/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 1.511 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.556 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘StochRSI %K falls below 0.8’ indicator layout is found. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish signal. The currency pair could go down.

Also there is a ‘Falling Window’ candle chart pattern is found. The chart forms ‘Falling Window’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Falling Window’ heading down is 67% (Bull Market) and 73% (Bear Market).

1.556 – 1.555 – 1.567 – 1.511 – 1.482 – 1.508 —
1.529000000 – 1.531000000 —
49.65297330988 – 43.429522133347 —
– —
1.556 – 1772742600

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Falling Window – – –