DOT/USDT – 1H – SELLThe pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline downwards
A descending movement down to the next support line at 6.520000000 is likely expected.
Caution: A possible change in the direction of the resistance level at 7.360000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Bearish Harami Cross’ candle chart pattern is existing. The candles show ‘Bearish Harami Cross’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 7.678000000 |
| 2nd High | 7.592000000 |
| Next High | 7.360000000 |
| Current Price | 7.258000000 |
| Next Low | 6.520000000 |
| 2nd Low | 6.010000000 |
| 3rd Low | 5.955000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Harami Cross