Sell DOT/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support line at 1.235 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 1.28 could be enabled.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair is likely to fall.

In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.

In addition a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

In addition a ‘Tweezers Top’ candle pattern is discovered. The candles form ‘Tweezers Top’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 1.308
2nd High 1.291
Next High 1.28
Current Price 1.259000000
Next Low 1.235
2nd Low 1.171
3rd Low 1.147

1.28 – 1.291 – 1.308 – 1.235 – 1.248 – 1.27 —
1.266000000 – 1.267000000 —
51.09017364167 – 54.308049976788 —
– —
1.28 – 1776668400

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