DOT/USDT – 30M – SELLThe currency pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline downwards
The bearish trend down to the next support at 10.150000000 will continue.
Caution: A possible trend reversal in the direction of resistance at 11.233000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Bearish Engulfing’ chart pattern is found. The chart forms ‘Bearish Engulfing’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 11.649000000 |
| Next High | 11.233000000 |
| Current Price | 10.517000000 |
| Next Low | 10.150000000 |
| 2nd Low | 9.895000000 |
| 3rd Low | 9.055000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Engulfing