Sell DOT/USDT – 30M – SELL

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:

Forex and Crypto Live Trading Signals - MyLiveSignals