DOT/USDT – 30M – BUYThe pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline down.
A descent down to the next support level at 7.102000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 7.360000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Matching Low’ candlestick chart pattern is existing. The candles show ‘Matching Low’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 7.678000000 |
| 2nd High | 7.592000000 |
| Next High | 7.360000000 |
| Current Price | 7.258000000 |
| Next Low | 7.102000000 |
| 2nd Low | 6.520000000 |
| 3rd Low | 6.010000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Matching Low