DOT/USDT – 30M – SELLThe combination Polkadot/Tether (DOT/USDT) goes from the bullish trendline down.
A descending movement down to the next support at 8.338000000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 9.359000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Bearish Engulfing’ candle pattern is detected. The candles form ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 10.500000000 |
| Next High | 9.359000000 |
| Current Price | 8.421000000 |
| Next Low | 8.338000000 |
| 2nd Low | 8.042000000 |
| 3rd Low | 5.955000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Engulfing