Sell DOT/USDT – 30M – SELL

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

A descending movement downwards to the next support level at 6.537000000 is likely expected.

Caution: A possible change in the direction of resistance at 6.944000000 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘Bearish Harami’ chart pattern is detected. The chart shows ‘Bearish Harami’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 7.152000000
2nd High 7.109000000
Next High 6.944000000
Current Price 6.641000000
Next Low 6.537000000
2nd Low 6.010000000
3rd Low 5.955000000

Download DOT/USDT Signal Image

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