Sell DOT/USDT – 1H – SELL

In addition a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.

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

A bearish trend down to the next support at 1.482 is expected.

Caution: A possible counter-trend in the direction of resistance at 1.556 should always be considered.
Consider stop-loss settings accordingly.

In addition a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.

In addition a ‘Two Crows’ chart pattern is found. The chart forms ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 1.603
2nd High 1.574
Next High 1.556
Current Price 1.476000000
Next Low 1.482
2nd Low 1.473
3rd Low 1.458

1.556 – 1.574 – 1.557 – 1.482 – 1.508 – 1.473 —
1.531000000 – 1.496000000 —
44.90732194971 – 41.172873883346 —
– —
1.556 – 1772740800

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