The pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline downwards
A bearish movement down to the next support level at 6.520000000 is likely expected.
Caution: A possible change in the direction of the resistance zone at 7.360000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Bearish Harami Cross’ candle chart pattern is detected. The chart shows ‘Bearish Harami Cross’. this 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’ going 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