DOT/USDT – 4H – SELL

The combination Polkadot/Tether (DOT/USDT) jumps from the descending trendline downwards

A continuation of the bearish trend down to the next support line at is certain.

Caution: A possible trend reversal in the direction of resistance at 0.895 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.

There is also a ‘MACD crosses below signal’ indicator layout is detected. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair is likely to fall.

There is also a ‘Matching Low’ chart pattern is found. The chart shows ‘Matching Low’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.895 – 0.908 – 0.9 – 0.828 – 0.825 – 0.815 —
0.860000000 – 0.865000000 —
53.442011570165 – 51.816087804807 —
– —
0.895 – 1783670400

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