DOT/USDT – 30M – SELLThe currency pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline down.
The bearish trend downwards to the next support level at 10.346000000 is certain.
Caution: A possible change in the direction of the resistance zone at 11.649000000 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Bearish Engulfing’ candle chart pattern is found. The candles form ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 11.649000000 |
| Current Price | 10.699000000 |
| Next Low | 10.346000000 |
| 2nd Low | 9.055000000 |
| 3rd Low | 8.604000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Engulfing