DOT/USDT – 1H – SELLThe combination Polkadot/Tether (DOT/USDT) goes from the bullish trendline down.
A bearish movement downwards to the next support level at 7.460000000 will persist.
Caution: A possible trend reversal in the direction of resistance at 7.988000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Bearish Harami’ candle pattern is discovered. The candles form ‘Bearish Harami’. 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 likelyhood of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.972000000 |
| 2nd High | 8.468000000 |
| Next High | 7.988000000 |
| Current Price | 7.694000000 |
| Next Low | 7.460000000 |
| 2nd Low | 7.102000000 |
| 3rd Low | 6.520000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Harami