DOT/USDT – 30M – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to fall.

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

A descent downwards to the next support at 4.113 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 4.241 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

4.241 – 4.365 – 4.434 – 4.113 – 4.063 – 4.106 — 44.936946144811 – 38.461354183715 — 0 – 0 – 3.961528258348 – 1.011781011781

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