DOT/USDT – 30M – SELL

Also there is a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.

The combination Polkadot/Tether (DOT/USDT) goes from the bullish trendline down.

A descending movement down to the next support level at 1.473 will persist.

Caution: A possible trend reversal in the direction of resistance at 1.555 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘StochRSI %K falls below 0.8’ indicator layout is discovered. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.496836 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 1.555 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

1.555 – 1.567 – 1.574 – 1.508 – 1.508 – 1.508 —
1.536000000 – 1.545000000 —
45.233332859151 – 42.461431288318 —
– —
1.555 – 1772685000

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