Buy DOT/USDT – 30M – BUY

The combination Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards

A bearish trend down to the next support line at 6.537000000 will persist.

Caution: A possible change in the direction of the resistance line at 6.944000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Bullish Engulfing’ candle pattern is discovered. The candles show ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.

Support & Resistance Price Range*
3rd High 7.152000000
2nd High 7.109000000
Next High 6.944000000
Current Price 6.640000000
Next Low 6.537000000
2nd Low 6.010000000
3rd Low 5.955000000

Download DOT/USDT Signal Image

Trading Signals:

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