Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.
The pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline down.
A descent downwards to the next support line at 1.504 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.599 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.683 |
| 2nd High | 1.681 |
| Next High | 1.599 |
| Current Price | 1.504000000 |
| Next Low | 1.504 |
| 2nd Low | 1.458 |
| 3rd Low | 1.235 |
1.599 – 1.681 – 1.651 – 1.504 – 1.458 – 1.547 —
1.518000000 – 1.524000000 —
37.003495338029 – 44.762959368065 —
– —
1.599 – 1772413200
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Symmetrical Triangle Chart Pattern – –