DOT/USDT – 30M – SELL

Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

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

A bearish movement down to the next support line at is certain.

Caution: A possible change in the direction of the resistance line at 1.367 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.

Furthermore a ‘Bearish Engulfing’ candlestick chart pattern is found. The chart shows ‘Bearish Engulfing’. 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 probability of ‘Bearish Engulfing’ going down is 79%.

1.367 – 1.381 – 1.383 – 1.338 – 1.34 – 1.358 —
1.349000000 – 1.345000000 —
40.91407658604 – 41.124211707343 —
– —
1.367 – 1771401600

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Engulfing – Symmetrical Triangle Chart Pattern – –