DOT/USDT – 30M – SELLThe pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards
A bearish descent down to the next support at 7.563000000 will persist.
Caution: A possible change in the direction of the resistance zone at 8.468000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Evening Star’ candlestick pattern is found. The candles show ‘Evening Star’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Evening Star’ heading down is 72% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.173000000 |
| 2nd High | 8.972000000 |
| Next High | 8.468000000 |
| Current Price | 7.655000000 |
| Next Low | 7.563000000 |
| 2nd Low | 7.500000000 |
| 3rd Low | 5.955000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Evening Star