DOT/USDT – 1H – SELL

There is also a ‘Double top chart pattern’ chart layout is existing. The chart picture shows ‘Double top chart pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

The currency pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline downwards

A bearish descent downwards to the next support line at 2.256 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 2.376 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Inside Down’ candlestick chart pattern is discovered. The chart forms ‘Three Inside Down’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

2.376 – 2.39 – 2.371 – 2.293 – 2.308 – 2.256 — 42.943168424788 – 39.96664706175 — 13.676811246905 – 12.419522326064 – 8.8233740441421 – 11.503581223207

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Inside Down – Double top chart pattern – –