DOT/USDT – 30M – SELLThe combination Polkadot/Tether (DOT/USDT) moves from the ascending trendline down.
A descending movement down to the next support level at 7.540000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 7.837000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Bearish Engulfing’ candle pattern is existing. The chart forms ‘Bearish Engulfing’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.972000000 |
| 2nd High | 8.468000000 |
| Next High | 7.837000000 |
| Current Price | 7.653000000 |
| Next Low | 7.540000000 |
| 2nd Low | 7.460000000 |
| 3rd Low | 7.102000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Engulfing