Sell DOT/USDT – 1H – SELL

Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.

The combination Polkadot/Tether (DOT/USDT) jumps from the bearish trendline down.

A continuation of the downtrend down to the next support at 0.941 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.975 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

Furthermore a ‘Two Crows’ candle chart pattern is detected. The chart shows ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 1.001
2nd High 0.996
Next High 0.975
Current Price 0.952000000
Next Low 0.941
2nd Low 0.903
3rd Low 0.884

0.975 – 0.96 – 0.996 – 0.941 – 0.903 – 0.928 —
0.972000000 – 0.964000000 —
56.051621972883 – 50.785693145514 —
– —
0.975 – 1781200800

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