DOT/USDT – 30M – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The pair is likely to go down.

The pair Polkadot/Tether (DOT/USDT) jumps from the bearish trendline downwards

A continuation of the bearish trend down to the next support line at 1.881 is likely expected.

Caution: A possible change in the direction of the resistance level at 1.96 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘%K crosses below %D’ indicator layout is detected. The indicator shows ‘%K crosses below %D’. this is usually a bearish signal. The currency pair could go down.

Then a ‘Three Outside Down’ candlestick chart pattern is found. The candles show ‘Three Outside Down’. 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 Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

1.96 – 2.051 – 2.064 – 1.881 – 1.895 – 1.834 —
1.953000000 – 1.941000000 —
51.657435505345 – 49.508520442815 —
– —
1.96000 – 1768964400

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –