DOT/USDT – 30M – SELL

Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.

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

A continuation of the bearish trend downwards to the next support at 1.247 will persist.

Caution: A possible change in the direction of resistance at 1.275 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Bearish Engulfing’ chart pattern is discovered. The chart forms ‘Bearish Engulfing’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

1.275 – 1.272 – 1.262 – 1.247 – 1.227 – 1.212 —
1.269000000 – 1.265000000 —
50.044341401875 – 47.216250921937 —
– —
1.275 – 1777111200

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Engulfing – Symmetrical Triangle Chart Pattern – –