The combination Polkadot/Tether (DOT/USDT) goes from the ascending trendline downwards
A bearish movement downwards to the next support at 8.440000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 9.359000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Evening Star’ candlestick chart pattern is discovered. The chart shows ‘Evening Star’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Evening Star’ going down is 72% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 10.500000000 |
Next High | 9.359000000 |
Current Price | 8.700000000 |
Next Low | 8.440000000 |
2nd Low | 8.002000000 |
3rd Low | 7.842000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Evening Star