Sell DOT/USDT – 30M – SELL

The combination Polkadot/Tether (DOT/USDT) jumps from the bullish trendline downwards

A bearish movement downwards to the next support level at 4.153000000 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 4.626000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.

Besides a ‘Matching Low’ chart pattern is detected. The chart shows ‘Matching Low’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 4.682000000
2nd High 4.673000000
Next High 4.626000000
Current Price 4.394000000
Next Low 4.153000000
2nd Low 4.119000000
3rd Low 4.054000000

4.626000000 – 4.281000000 – 4.244000000 – 4.417000000 – 4.153000000 – 4.201000000 — 36.98833086523 – 36.295941098228

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