DOT/USDT – 30M – SELLIn addition a ‘Double top chart pattern’ chart layout is detected. The chart shows ‘Double top chart pattern’. this is a bearish chart scenario. The pair is likely to go down.
The currency pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline downwards
A bearish descent downwards to the next support level at 3.883000000 will persist.
Caution: A possible change in the direction of the resistance level at 4.021000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘RSI fall below 30’ indicator layout is discovered. The indicator is ‘RSI fall below 30’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.181000000 |
| 2nd High | 4.158000000 |
| Next High | 4.021000000 |
| Current Price | 3.864000000 |
| Next Low | 3.883000000 |
| 2nd Low | 3.688000000 |
| 3rd Low | 3.644000000 |
4.021000000 – 4.158000000 – 4.091000000 – 3.883000000 – 4.011000000 – 3.975000000 — 33.228559367139 – 28.967880006794
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Double top chart pattern – –