DOT/USDT – 4H – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.

The currency pair Polkadot/Tether (DOT/USDT) jumps from the descending trendline downwards

A continuation of the downward movement down to the next support level at 3.690000000 will persist.

Caution: A possible change in the direction of resistance at 4.193000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. 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 will persist. Current target is 3.69 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 4.193000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

4.193000000 – 4.371000000 – 4.181000000 – 3.690000000 – 3.697000000 – 3.812000000 — 35.957151473837 – 34.371743252153

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