Sell DOT/USDT – 30M – SELL

The combination Polkadot/Tether (DOT/USDT) moves from the bullish trendline down.

A bearish descent downwards to the next support level at 1.205 is expected.

Caution: A possible change in the direction of the resistance line at 1.263 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a indicator layout is discovered. The indicator shows ”. this is usually a bearish chart signal. The currency pair could go down.

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Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.

Also there is a ‘Collapsing Doji Star’ candlestick pattern is detected. The candles show ‘Collapsing Doji Star’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).

Support & Resistance Price Range*
3rd High 1.315
2nd High 1.275
Next High 1.263
Current Price 1.277000000
Next Low 1.205
2nd Low 1.197
3rd Low 1.195

1.245 – 1.263 – 1.224 – 1.205 – 1.197 – 1.205 —
1.264000000 – 1.289000000 —
66.40861643903 – 78.576520607475 —
– —
1.245 – 1777915800

Trading Signals:

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