Buy DOT/USDT – 30M – BUY

The pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline downwards

A descending movement down to the next support line at 7.102000000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 7.735000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Matching Low’ candlestick pattern is discovered. The chart shows ‘Matching Low’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 8.468000000
2nd High 7.802000000
Next High 7.735000000
Current Price 7.563000000
Next Low 7.102000000
2nd Low 6.520000000
3rd Low 6.010000000

Download DOT/USDT Signal Image

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