DOT/USDT – 1H – SELLAnd also a ‘Triple top chart pattern’ chart formation is existing. The chart forms ‘Triple top chart pattern’. which is a negative pattern signal. The currency pair is likely to go down.
The combination Polkadot/Tether (DOT/USDT) goes from the bullish trendline downwards
The bearish trend down to the next support line at 3.690000000 will persist.
Caution: A possible trend reversal in the direction of resistance at 4.283000000 should always be considered.
Consider stop-loss settings accordingly.
And also a ‘Concealing Baby Swallow’ candlestick chart pattern is detected. The chart shows ‘Concealing Baby Swallow’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Concealing Baby Swallow’ going down is 75% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.554000000 |
| 2nd High | 4.371000000 |
| Next High | 4.283000000 |
| Current Price | 3.979000000 |
| Next Low | 3.690000000 |
| 2nd Low | 3.538000000 |
| 3rd Low | 3.427000000 |
4.283000000 – 4.265000000 – 4.207000000 – 4.013000000 – 4.038000000 – 3.690000000 — 35.078845878993 – 36.862295605856
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Concealing Baby Swallow – Triple top chart pattern – –