DOT/USDT – 4H – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

The currency pair Polkadot/Tether (DOT/USDT) goes from the descending trendline down.

A continuation of the downward movement downwards to the next support line at 3.689000000 is likely expected.

Caution: A possible change in the direction of the resistance level at 4.021000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 3.689 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 4.021000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Two Crows’ chart pattern is existing. The candles form ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

4.021000000 – 4.283000000 – 4.193000000 – 3.689000000 – 3.690000000 – 3.697000000 — 45.255462655296 – 44.604700613083

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –