DOT/USDT – 30M – SELLThe combination Polkadot/Tether (DOT/USDT) jumps from the ascending trendline downwards
A descending movement downwards to the next support line at 3.830000000 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 3.960000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Matching Low’ candle chart pattern is existing. The chart shows ‘Matching Low’. which is a positive pattern signal. The pair is likely to go up. 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 | 4.193000000 |
| 2nd High | 3.970000000 |
| Next High | 3.960000000 |
| Current Price | 3.833000000 |
| Next Low | 3.830000000 |
| 2nd Low | 3.812000000 |
| 3rd Low | 3.688000000 |
3.960000000 – 3.970000000 – 4.193000000 – 3.830000000 – 4.044000000 – 3.923000000 — 38.931154789031 – 38.565914554689
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Matching Low – – –