DOT/USDT – 1H – SELLThe pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards
A bearish movement down to the next support at 7.102000000 will continue.
Caution: A possible counter-trend in the direction of resistance at 7.678000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Bearish Harami’ candle chart pattern is detected. The candles form ‘Bearish Harami’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.468000000 |
| 2nd High | 7.802000000 |
| Next High | 7.678000000 |
| Current Price | 7.621000000 |
| Next Low | 7.102000000 |
| 2nd Low | 6.520000000 |
| 3rd Low | 6.010000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Harami