DOT/USDT – 1H – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

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

A continuation of the bearish trend down to the next support level at 1.498 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 1.599 could occur.
Consider stop-loss settings accordingly.

Next a ‘MACD crosses below signal’ indicator signal is discovered. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair is likely to fall.

1.599 – 1.681 – 1.651 – 1.498 – 1.504 – 1.458 —
1.546000000 – 1.533000000 —
48.122287589165 – 46.077855902929 —
– —
1.599 – 1772413200

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