DOT/USDT – 4H – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

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

A bearish descent down to the next support level at 1.179 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 1.259 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.

And also a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair could go down.

And also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

And also a ‘Last Engulfing Top’ chart pattern is discovered. The chart shows ‘Last Engulfing Top’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

1.259 – 1.275 – 1.327 – 1.179 – 1.21 – 1.212 —
1.229000000 – 1.223000000 —
46.035233404483 – 53.000215813575 —
– —
1.259 – 1777449600

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