DOT/USDT – 4H – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

The combination Polkadot/Tether (DOT/USDT) moves from the bearish trendline downwards

A continuation of the bearish trend down to the next support at 1.212 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.275 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.

Then a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart signal. The pair is likely to go down.

Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.192796 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.275 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Outside Down’ candle chart pattern is found. The candles form ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

1.275 – 1.327 – 1.355 – 1.212 – 1.235 – 1.147 —
1.248000000 – 1.275000000 —
44.265076944182 – 53.942395471539 —
– —
1.275 – 1777104000

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