DOT/USDT – 30M – SELL

Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

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

The bearish trend downwards to the next support line at 3.986000000 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 4.074000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Outside Down’ candlestick pattern is detected. The chart forms ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

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

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –