DOT/USDT – 30M – SELL

Besides a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

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

A bearish movement down to the next support level at 3.538000000 is likely expected.

Caution: A possible change in the direction of the resistance line at 3.627000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘StochRSI cross above 20’ indicator signal is discovered. The indicator is ‘StochRSI cross above 20’. which could be a positive chart signal. The currency pair is likely to rise.

Besides a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

3.627000000 – 3.707000000 – 3.757000000 – 3.538000000 – 3.560000000 – 3.587000000 — 42.480362772778 – 40.319331005721

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