The pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline down.
A descending movement downwards to the next support level at 6.537000000 is likely expected.
Caution: A possible change in the direction of resistance at 6.944000000 should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘Bearish Harami’ chart pattern is detected. The chart shows ‘Bearish Harami’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 7.152000000 |
2nd High | 7.109000000 |
Next High | 6.944000000 |
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 – Bearish Harami