Then a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern 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 downwards to the next support level at 1.34 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 1.393 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.491 |
| 2nd High | 1.407 |
| Next High | 1.393 |
| Current Price | 1.365000000 |
| Next Low | 1.34 |
| 2nd Low | 1.101 |
| 3rd Low | 0.633 |
1.393 – 1.407 – 1.491 – 1.34 – 1.342 – 1.101 —
1.374000000 – 1.371000000 —
61.007102033008 – 54.467594418731 —
– —
1.393 – 1770489000
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Symmetrical Triangle Chart Pattern – –