Buy DOT/USDT – 1H – BUY

The combination Polkadot/Tether (DOT/USDT) goes from the ascending trendline downwards

A descent downwards to the next support line at 7.460000000 is certain.

Caution: A possible change in the direction of the resistance line at 7.988000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Below The Stomach’ candlestick chart pattern is found. The chart shows ‘Below The Stomach’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Below The Stomach’ heading down is 60% (Bull Market) & 65% (Bear Market).

Support & Resistance Price Range*
3rd High 8.972000000
2nd High 8.468000000
Next High 7.988000000
Current Price 7.715000000
Next Low 7.460000000
2nd Low 7.102000000
3rd Low 6.520000000

Download DOT/USDT Signal Image

Trading Signals:

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