DOT/USDT – 30M – SELL

The pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline downwards

A bearish trend downwards to the next support at 1.293 is expected.

Caution: A possible change in the direction of the resistance line at 1.412 could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The pair is likely to go up.

There is also a ‘Bearish Engulfing’ chart pattern is discovered. The chart shows ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.

1.338 – 1.331 – 1.325 – 1.293 – 1.295 – 1.293 —
1.378000000 – 1.378000000 —
64.883033688995 – 60.145890268407 —
– —
1.338 – 1778158800

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Engulfing – Rising Wedge Chart Pattern – –