DOT/USDT – 30M – SELL

Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

The currency pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards

The bearish trend downwards to the next support level at 2.245 is certain.

Caution: A possible change in the direction of resistance at 2.308 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The pair is likely to go down.

Furthermore a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair could go down.

Furthermore a ‘Southern Doji’ candlestick pattern is found. The candles form ‘Southern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

2.308 – 2.344 – 2.4 – 2.245 – 2.241 – 1.961 — 32.388490593134 – 32.094413092002 — 29.245328686223 – 12.447962048601 – 51.442540420176 – 32.710491496434

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