Sell DOT/USDT – 30M – SELL

The currency pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline downwards

The bearish trend downwards to the next support level at 9.055000000 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 10.359000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Line Strike – Bearish’ candlestick chart pattern is detected. The chart forms ‘Three Line Strike – Bearish’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).

Support & Resistance Price Range*
3rd High
2nd High 10.500000000
Next High 10.359000000
Current Price 9.950000000
Next Low 9.055000000
2nd Low 8.604000000
3rd Low 8.576000000

Download DOT/USDT Signal Image

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