DOT/USDT – 4H – SELLThe combination Polkadot/Tether (DOT/USDT) moves from the bullish trendline down.
A descending movement down to the next support line at 6.654000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 7.678000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Bearish Harami’ candlestick pattern is discovered. The chart shows ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.264000000 |
| 2nd High | 7.802000000 |
| Next High | 7.678000000 |
| Current Price | 6.940000000 |
| Next Low | 6.654000000 |
| 2nd Low | 6.010000000 |
| 3rd Low | 5.473000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Harami