DOT/USDT – 1H – SELL

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

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

A continuation of the bearish trend downwards to the next support line at 1.265 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.345 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Three Outside Down’ candle chart pattern is found. The candles form ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to go down. 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).

1.345 – 1.393 – 1.407 – 1.265 – 1.277 – 1.101 —
1.285000000 – 1.289000000 —
38.754033336657 – 49.268976711056 —
– —
1.345 – 1770656400

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