DOT/USDT – 1H – SELLThe currency pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline downwards
A bearish movement down to the next support line at 6.537000000 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 7.109000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Tweezers Top’ candle chart pattern is discovered. The chart shows ‘Tweezers Top’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 7.592000000 |
| 2nd High | 7.152000000 |
| Next High | 7.109000000 |
| Current Price | 6.641000000 |
| Next Low | 6.537000000 |
| 2nd Low | 6.010000000 |
| 3rd Low | 5.955000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Tweezers Top