Sell DOT/USDT – 1H – SELL

There is also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The pair is likely to go down.

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

A continuation of the bearish trend downwards to the next support line at 3.807000000 is expected.

Caution: A possible counter-trend in the direction of resistance at 4.021000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Two Crows’ candle chart pattern is existing. The candles form ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 4.371000000
2nd High 4.283000000
Next High 4.021000000
Current Price 3.974000000
Next Low 3.807000000
2nd Low 3.689000000
3rd Low 3.538000000

4.021000000 – 3.934000000 – 4.283000000 – 3.807000000 – 3.836000000 – 3.689000000 — 57.557233524281 – 56.428985864984

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals