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
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Matching Low