DOT/USDT – 1H – SELL

The pair Polkadot/Tether (DOT/USDT) moves from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support at 0.941 will continue.

Caution: A possible counter-trend in the direction of resistance at 0.995000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

There is also a ‘Bearish Engulfing’ candle chart pattern is existing. The chart shows ‘Bearish Engulfing’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.

0.995000000 – 0.975 – 0.975 – 0.941 – 0.903 – 0.928 —
0.995000000 – 0.990000000 —
70.052075298986 – 62.754023828235 —
0.995000000 – 1781334000 —
– 1781334000

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Engulfing – – –