DOT/USDT – 1H – SELL

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

A bearish trend downwards to the next support at 0.825 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 0.868 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Matching Low’ candlestick pattern is found. The candles show ‘Matching Low’. which is a positive pattern signal. The 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).

0.85 – 0.843 – 0.84 – 0.825 – 0.826 – 0.806 —
0.852000000 – 0.848000000 —
61.570451944483 – 50.656674294952 —
– —
0.85 – 1782918000

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Matching Low – – –