DOT/USDT – 30M – SELLThe pair Polkadot/Tether (DOT/USDT) goes from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 9.895000000 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 11.178000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bearish Engulfing’ candle chart pattern is detected. The candles show ‘Bearish Engulfing’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 11.649000000 |
| Next High | 11.178000000 |
| Current Price | 10.963000000 |
| Next Low | 9.895000000 |
| 2nd Low | 9.055000000 |
| 3rd Low | 8.604000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Engulfing