DOT/USDT – 30M – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

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

A continuation of the downtrend downwards to the next support level at is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 1.292 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair could go down.

Moreover a ‘Collapsing Doji Star’ candlestick chart pattern is existing. The chart forms ‘Collapsing Doji Star’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).

1.292 – 1.295 – 1.28 – 1.269 – 1.25 – 1.235 —
1.279000000 – 1.273000000 —
43.738167347147 – 47.721446511233 —
– —
1.292 – 1776771000

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