DOT/USDT – 1H – SELL

The pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline downwards

A bearish descent down to the next support line at 7.460000000 is likely expected.

Caution: A possible change in the direction of resistance at 7.988000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Bearish Harami’ chart pattern is found. The chart forms ‘Bearish Harami’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

Download DOT/USDT Signal Image

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Harami