Sell DOT/USDT – 30M – SELL

Also there is a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

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

A descent down to the next support at 3.986000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 4.074000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Outside Down’ candlestick pattern is found. The candles form ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 4.146000000
2nd High 4.089000000
Next High 4.074000000
Current Price 4.024000000
Next Low 3.986000000
2nd Low 3.782000000
3rd Low 3.775000000

4.074000000 – 4.089000000 – 3.870000000 – 3.986000000 – 3.782000000 – 3.797000000 — 50.166205342209 – 47.576002473944

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