DOT/USDT – 1H – SELL

Also there is a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

The combination Polkadot/Tether (DOT/USDT) goes from the bullish trendline down.

The bearish trend downwards to the next support at 4.063 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 4.241000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair is likely to fall.

Also there is a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 4.063 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support zone at 4.241000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘Three Black Crows’. 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 Black Crows’ going down is 82%.

4.241000000 – 4.434 – 4.439 – 4.063 – 4.106 – 4.077 — 42.915117175606 – 34.100148425818 — 28.475603793879 – 9.9755549036863 – 48.734336421591 – 29.865035635216

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –