DOT/USDT – 1H – SELLThe pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline down.
A bearish trend down to the next support at 6.520000000 will continue.
Caution: A possible change in the direction of the resistance level at 7.360000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Bearish Harami Cross’ candle chart pattern is existing. The candles form ‘Bearish Harami Cross’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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