DOT/USDT – 1H – SELLFurthermore a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.
The currency pair Polkadot/Tether (DOT/USDT) goes from the descending trendline down.
A continuation of the downward movement down to the next support at 2.084 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 2.13 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The pair is likely to go down.
Furthermore a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.249 |
| 2nd High | 2.144 |
| Next High | 2.13 |
| Current Price | 2.106000000 |
| Next Low | 2.084 |
| 2nd Low | 2.048 |
| 3rd Low | 1.968 |
2.13 – 2.144 – 2.249 – 2.084 – 2.048 – 2.112 — 51.841019700389 – 50.626344472342 — 78.539443065203 – 69.475152663719 – 79.38258794308 – 77.909744580072
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Symmetrical Triangle Chart Pattern – –