DOT/USDT – 4H – SELLThe pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline down.
The bearish trend down to the next support line at 6.654000000 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 7.678000000 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Bearish Harami’ candle pattern is discovered. The candles show ‘Bearish Harami’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.264000000 |
| 2nd High | 7.802000000 |
| Next High | 7.678000000 |
| Current Price | 6.940000000 |
| Next Low | 6.654000000 |
| 2nd Low | 6.010000000 |
| 3rd Low | 5.473000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Harami