DOT/USDT – 30M – SELL

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

A descent downwards to the next support level at 1.329 is likely expected.

Caution: A possible change in the direction of resistance at 1.393 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.

Moreover a ‘Two Crows’ chart pattern is existing. The candles show ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.393 – 1.338 – 1.331 – 1.329 – 1.338 – 1.293 —
1.340000000 – 1.360000000 —
39.189641703139 – 63.818978496527 —
– —
1.393 – 1778290200

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Two Crows – – –