DOT/USDT – 30M – SELLThe currency pair Polkadot/Tether (DOT/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at 2.176 will continue.
Caution: A possible change in the direction of the resistance zone at 2.316 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘%K crosses below %D’ indicator signal is detected. The indicator is ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair could go down.
Furthermore a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.
Furthermore a ‘Tweezers Top’ candlestick pattern is existing. The chart shows ‘Tweezers Top’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.435 |
| 2nd High | 2.397 |
| Next High | 2.316 |
| Current Price | 2.295000000 |
| Next Low | 2.176 |
| 2nd Low | 0.633 |
| 3rd Low |
2.316 – 2.397 – 2.339 – 2.176 – 2.242 – 2.244 — 62.063662850901 – 53.465276994001 — 100 – 83.688063700517 – 88.26935432282 – 90.326979443358
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Tweezers Top – – –