DOT/USDT – 30M – SELLThe pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline down.
A bearish trend down to the next support line at 10.150000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 10.754000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Bearish Engulfing’ candlestick chart pattern is found. The candles show ‘Bearish Engulfing’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 11.649000000 |
| 2nd High | 11.233000000 |
| Next High | 10.754000000 |
| Current Price | 10.158000000 |
| 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