Then a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline downwards
A bearish movement down to the next support at 0.94 is certain.
Caution: A possible change in the direction of the resistance line at 0.975 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. 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 probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.982 |
| 2nd High | 0.976 |
| Next High | 0.975 |
| Current Price | 0.951000000 |
| Next Low | 0.94 |
| 2nd Low | 0.935 |
| 3rd Low | 0.903 |
0.975 – 0.976 – 0.972 – 0.96 – 0.949 – 0.95 —
0.949000000 – 0.963000000 —
28.529858624738 – 48.209873748929 —
– —
0.975 – 1782036000
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –