DOT/USDT – 30M – SELLThe currency pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline downwards
A bearish trend down to the next support line at 9.895000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 10.438000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Bearish Engulfing’ candle chart pattern is existing. The chart forms ‘Bearish Engulfing’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.800000000 |
| 2nd High | 10.550000000 |
| Next High | 10.438000000 |
| Current Price | 9.755000000 |
| Next Low | 9.895000000 |
| 2nd Low | 9.055000000 |
| 3rd Low | 8.604000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Engulfing