DOT/USDT – 30M – SELLThe pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline down.
A bearish trend down to the next support level at 7.540000000 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 7.802000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Tweezers Top’ candle pattern is existing. The candles show ‘Tweezers Top’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.972000000 |
| 2nd High | 8.468000000 |
| Next High | 7.802000000 |
| Current Price | 7.794000000 |
| Next Low | 7.540000000 |
| 2nd Low | 7.460000000 |
| 3rd Low | 7.102000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Tweezers Top