DOT/USDT – 1H – BUYThe pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline downwards
A bearish trend downwards to the next support line at 6.810000000 is certain.
Caution: A possible change in the direction of resistance at 7.109000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Shooting Star’ chart pattern is detected. The candles show ‘Shooting Star’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 7.592000000 |
| 2nd High | 7.152000000 |
| Next High | 7.109000000 |
| Current Price | 6.611000000 |
| Next Low | 6.810000000 |
| 2nd Low | 6.654000000 |
| 3rd Low | 6.010000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Shooting Star