DOT/USDT – 30M – SELL

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

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

Caution: A possible counter-trend in the direction of resistance at 1.485 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.

Moreover a ‘Matching Low’ candlestick chart pattern is existing. The chart forms ‘Matching Low’. which 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’ going up is 61% (Bull & Bear Market).

1.485 – 1.547 – 1.556 – 1.445 – 1.425 – 1.431 —
1.455000000 – 1.470000000 —
45.13929249599 – 53.126292709965 —
– —
1.485 – 1772973000

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