DOT/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support at 1.197 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 1.263 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

And also a ‘Matching Low’ candlestick chart pattern is detected. The chart forms ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).

1.263 – 1.241 – 1.229 – 1.197 – 1.204 – 1.195 —
1.243000000 – 1.243000000 —
56.728202083408 – 55.193715651776 —
– —
1.263 – 1777867200

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