DOT/USDT – 30M – SELL

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

A descent downwards to the next support level at 9.055000000 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 10.359000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Bearish Engulfing’ candlestick pattern is existing. The candles show ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

Download DOT/USDT Signal Image

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Engulfing