DOT/USDT – 30M – SELLThe currency pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards
A descending movement downwards to the next support at 5.955000000 will continue.
Caution: A possible counter-trend in the direction of the resistance line at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Line Strike – Bearish’ candle chart pattern is discovered. The chart forms ‘Three Line Strike – Bearish’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 6.273000000 |
| Next Low | 5.955000000 |
| 2nd Low | 5.560000000 |
| 3rd Low | 5.473000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Line Strike – Bearish