DOT/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 0.941 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.975 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

Additionally a ‘Matching Low’ chart pattern is detected. The chart forms ‘Matching Low’. which is a positive 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).

0.975 – 0.96 – 0.96 – 0.941 – 0.945 – 0.935 —
0.957000000 – 0.969000000 —
55.38648112979 – 64.323084553751 —
– —
0.975 – 1781200800

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –