DOT/USDT – 30M – SELLThe combination Polkadot/Tether (DOT/USDT) jumps from the bullish trendline down.
A bearish trend downwards to the next support line at 7.584000000 is considered 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.
Besides a ‘Bearish Engulfing’ candle pattern is discovered. The chart forms ‘Bearish Engulfing’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.972000000 |
| 2nd High | 8.468000000 |
| Next High | 7.988000000 |
| Current Price | 7.694000000 |
| Next Low | 7.584000000 |
| 2nd Low | 7.540000000 |
| 3rd Low | 7.460000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Engulfing