DOT/USDT – 4H – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.

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

A bearish descent down to the next support line at 1.762 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 2.235 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.

Additionally a ‘Bearish Belt Hold’ candle pattern is found. The chart forms ‘Bearish Belt Hold’. 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 success rate of a ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

2.235 – 2.343 – 1.928 – 1.873 – 1.834 – 2.056 —
1.855000000 – 1.863000000 —
34.775105139213 – 41.899443378048 —
– —
2.23500 – 1768636800

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Belt Hold – Symmetrical Triangle Chart Pattern – –