DOT/USDT – 30M – SELLThe pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline downwards
A descending movement down to the next support level at 7.124000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 7.360000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Bearish Harami’ candlestick pattern is found. The chart forms ‘Bearish Harami’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 7.678000000 |
| 2nd High | 7.592000000 |
| Next High | 7.360000000 |
| Current Price | 7.173000000 |
| Next Low | 7.124000000 |
| 2nd Low | 6.520000000 |
| 3rd Low | 6.010000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Harami